IRS Announces Increases in Benefit and Contribution Dollar Limits

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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