United States:
IRS Cost-Of-Living Adjustments Employee Benefit Plan Limitations For 2020
21 November 2019
Smith Gambrell & Russell
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The IRS has released the 2020 cost-of-living adjustments
applicable to the dollar limitations on benefits and contributions
of retirement plans and health and welfare benefit plans. We
recommend plan sponsors update their systems and formulas to
include the limits that have been adjusted.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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