retirement plan limitations

2022 COLA Limits for Qualified Retirement Plans, Highly Compensated Employees, and Key Employees

Various employee plan benefit and contribution limitations are subject to cost of living adjustments (COLA).  The Internal Revenue Service has just released the new limits, which are effective as of January 1, 2022. IRS Notice 2021-61 announces these adjustments. Below are the fiscal year 2022 limitations for qualified retirement plans as well as the fiscal…

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