IRS announces 2018 pension and other COLAs
October 20, 2017
The IRS has announced updated limits for benefits and contributions for qualified retirement plans and more for 2018. Here are the highlights: 401(k) contribution limit increases to $18,500 (up from $18,000) Annual additions to defined contribution plans increase by $1,000 to $55,000 Catch-up contributions (for those age 50 and over) remains unchanged at $6,000 Voluntary […]
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