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  • Writer's pictureJohn Steiger

2021 Retirement Plan Limits Announced

The IRS announced the 2021 cost of living adjustments (COLA) to Section 415 of the IRS Code. This update is provided for informational purposes to our retirement plan client and is not intended as legal or tax advice.

Section 415 of the Internal Revenue Code provides for dollar limitations on benefits and contributions under qualified retirement plans. It also requires that the Commissioner annually adjust these limits for cost-of-living increases.


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SECURE 2.0 Act of 2022 was signed into law on December 29, 2022. This builds on the SECURE Act passed in 2019 with more than 90 changes affecting retirement plans, 529 plans, IRAs and Simple IRAs. The

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