The IRS has announced the 2019 pension plan limits, including the following:
The IRS has announced the 2018 pension plan limits, including the following:
- 401(k) Deferral Limit - $18,500
- Annual Additions Limit - $55,000
- Maximum Compensation Limit - $275,000
- Catch-Up Contribution Limit - $6,000
- Highly Compensated Employee - $120,000
- ESOP 5-Year Distribution Threshold - $1,105,000
- ESOP Additional Year Threshold - $220,000
The IRS has announced the 2017 pension plan limits, including the following:
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401(k) Deferral Limit - $18,000
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Annual Additions Limit - $54,000
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Maximum Compensation Limit - $270,000
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Catch-Up Contribution Limit - $6,000
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Highly Compensated Employee - $120,000
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ESOP 5-Year Distribution Threshold - $1,080,000
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ESOP Additional Year Threshold - $215,000
The end of the year is approaching. Here is a list of items to make sure you have addressed before the end of the year.
The Cycle C2 submission deadline for an ESOP Determination Letter is January 31, 2014. Here is a quick review of the process.
Congress has passed over 100 major pieces of employee benefit legislation since ERISA. Chronological Summary of Major Post-ERISA Benefit Legislation provides a summary of the major employee benefits legislation:
