Dollar Limitations on Benefits and Contributions

Please refer to the following chart for Contribution and Deduction limits for benefit plans. Notable changes: For 2020, you can contribute $500 more to your SIMPLE plans. 401(k) deferral limits also increased by $500, as did the 401(k) catch-up limit. Total defined contribution limits

Cost-Of-Living Adjustment Increases for 2018

The new Cost-Of-Living Adjustment (COLA) increases have come out for the year 2018. In the link below we have comparison of the 2018 and 2017 COLA dollar limitations on benefits and contributions.   COLA increases 2018-2017   For more information or questions, please contact