COLA Increases for Dollar Limitations on Benefits and Contributions

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COLA Increases for Dollar Limitations on Benefits and Contributions

An official website of the United States Government

The tax law places limits on the dollar amount of contributions to retirement plans and IRAs and the amount of benefits under a pension plan. IRC Section 415 requires the limits to be adjusted annually for cost-of-living increases. 

 

1,150,000

230,000

1,130,000

225,000

1,105,000

220,000

 

An official website of the United States Government

The tax law places limits on the dollar amount of contributions to retirement plans and IRAs and the amount of benefits under a pension plan. IRC Section 415 requires the limits to be adjusted annually for cost-of-living increases. 

 

1,150,000

230,000

1,130,000

225,000

1,105,000

220,000

 

Research & References of COLA Increases for Dollar Limitations on Benefits and Contributions|A&C Accounting And Tax Services
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