IRS Announces Increases in Benefit and Contribution Dollar Limits

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Posted by Saaib Uppal, CPA

Disclaimer: All blog posts are valid as of the date published.

As required by IRC Section 415, the IRS has announced cost-of-living adjustments that should be noted for retirement planning purposes.

Below is a chart that outlines employee benefit plan limits for 2018:


Plan administrators should ensure they pass along this new information to their participants so they have all the required information when planning out 2018.

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Disclaimer: This blog post is valid as of the date published.


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Belfint Lyons Shuman is a Certified Public Accounting (CPA) firm that audits Defined contribution plans (profit-sharing, 401(k), 403(b) , 401(a), 457(b))), and Defined benefit plans (pension and cash balance), and Health and welfare plans. We serve a variety of plan sponsors including for-profit, nonprofit, governmental, and Taft-Hartley collectively-bargained plans located in Delaware, Pennsylvania, New Jersey, Maryland, Washington, D.C., Virginia, Massachusetts, and nationally. For additional information contact us at info@belfint.com