Compliance November 1st, 2024 IRS Increases 2025 401(k) Contribution Limit, Holds IRA Limit The announcement provides information on all the cost-of-living adjustments affecting dollar limitations for retirement-related items in the tax year 2025.
Compliance November 2nd, 2023 Maximum Benefit and Contribution Limits Table 2024 Maximum Benefit/Contribution Limits for 2019 through 2024, with a downloadable PDF of limits from 2014 to 2024.
Compliance November 1st, 2023 IRS Announces 2024 Contribution Limits The new limits come with guidance on all the cost-of-living adjustments affecting dollar limitations for pension plans and other retirement-related...
Compliance October 2nd, 2023 Temporary Budget Agreement Keeps 2024 Inflation Adjustments on Track The Social Security COLA and IRS Contribution Limits will continue on schedule after a near miss on government shutdown.
Compliance October 21st, 2022 IRS Reveals 2023 Contribution Caps for 401(k) and IRAs The contribution limit changes reflect cost of living changes from this year.
Compliance February 5th, 2019 SIMPLE Plan Modernization Act Introduced in Senate It aims to make SIMPLE plans more accessible among small businesses and would raise the contribution and catch-up limits.
Compliance July 13th, 2018 Legislation Would Boost Retirement Plans for Small Businesses It would raise the contribution limits for SIMPLE plans and modernize form filing requirements.