IRS Publishes New Pension Plan Limits for 2014

The Internal Revenue Service (IRS) announced cost of living adjustments (COLAs) affecting dollar limitations for pension plans and other retirement-related items for Tax Year 2014.

In general, many of the pension plan limitations will change for 2014 because the increase in the cost-of-living index met the statutory thresholds that trigger their adjustment. However, other limitations will remain unchanged.

To download the 2014 Limits, click here.

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