IRS Issues – Retirement Updates

The IRS recently published Notice 2016-62, which details the cost‑of‑living adjustments affecting dollar limitations for pension plans and other retirement-related items for the 2017 tax year. Highlights of Limitations That Remain Unchanged From 2016 The contribution limit for employees who participate in 401(k), 403(b), most 457 plans and the federal government’s Thrift Savings Plan remains … Continue reading IRS Issues – Retirement Updates