United States:
IRS Cost-of-Living Adjustments Employee Benefit Plan Limitations For 2021
30 October 2020
Smith Gambrell & Russell
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The IRS has released the 2021 cost-of-living adjustments
applicable to the dollar limitations on benefits and contributions
of retirement plans and health and welfare benefit plans. Plan
sponsors should update their systems and formulas to include the
limits that have been adjusted. These limits are effective January
1, 2021.
For a printable version of this chart, 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.
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