IRS Announces 2021 Plan Limitations

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IRS Announces 2021 Plan Limitations

The IRS has recently announced the qualified plan limitations for 2021, which are determined based on annual increases in the cost of living index. Because there was only a modest increase in the index, most of the plan limits have not changed from 2020. For your convenience we have included a downloadable compliance bulletin, detailing the current and new plan limitations:
If you have any questions regarding your qualified plan, please contact Innovative Benefit Planning at resources@iifria.com

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