The IRS recently updated the annual dollar limitations for health plans, fringe benefit plans and retirement plans for the 2014 plan year. In some cases, the limitations are affected by pending legislation in Congress. Please see the attached Legal Alert for both the 2013 and 2014 plan year limitations.

To continue reading the Legal Alert, please click here.

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.