Monthly Archive for: ‘October, 2014’

New Retirement Plan Limits Announced for 2015

On October 23, 2014, the Internal Revenue Service announced cost of living adjustments (COLA) for the 2015 tax year for pension plans and other retirement-related items. While many plan limits will see an increase due to rise in the cost-of-living index, some limits will remain unchanged because statutory price-increase thresholds were not met, or the limit is set by statute …

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