Government regulations dictate how much employees and employers can contribute annually to qualified plans and IRAs. These are called Annual Plan Limits or Contribution Limits. Each year the IRS announces cost-of-living adjustments which govern whether these limits remain the same or are increased due to the relative change in the Consumer Price Index.

Advanced Benefits Consulting is pleased to provide the following chart for your reference and planning.

Let’s discuss how this applies to you.

Get in Touch

Guiding you to the right retirement plan solution