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Take it to the limit one more time…IRS announces cost-of-living adjustments for 2020!

November 6, 2019/in 401(k) Plans, Defined Benefit Plans, ESOPs, IRS, Retirement Plans

The Internal Revenue Code imposes dollar limitations on various compensation, benefit and contribution levels under qualified retirement plans. Today, the Internal Revenue Service announced the 2020 cost-of-living adjustments affecting dollar limitations for qualified retirement plans. Check out our chart for easy reference!

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