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IRS Releases New Retirement Plan Limitations for 2015 Plan Year
Last Updated: November 03, 2014
On October 23, 2014, the Internal Revenue Service announced the 2015 Cost-of-Living Adjustments (COLA)* to the retirement plan limits.
Below is a chart outlining the new COLA limits that become effective January 1, 2015, along with the two prior tax years’ limits.
If you have any questions or wish to discuss the application of these limits to your retirement plan, please contact your ERISA Consultant at (800) 234-9584.
If you have any questions or wish to discuss the application of these limits to your retirement plan, please contact your ERISA Consultant at (800) 234-9584.
*IR-2014-99, Oct. 23, 2014. PCI’s archived blog entries are dated, the rules and statutes referenced may have changed. The analysis or guidance within these blog entries may have become stale, dated, or no longer accurate. PCI will not update or change these entries to reflect the latest analysis or development.
