2021 Dollar Limitations on Benefits and Contributions
Posted on February 01, 2021
With the release of Notice 2020-79 the IRS has announced the cost-of-living adjustments for pension plans and other related items for the 2021 tax year. The following table shows the 2021 dollar limitations in comparison to the 2020 dollar limits.
A copy of this chart is also available as a PDF document below.
David M. Mosier's practice includes business and tax transactions, retirement benefits, designing and drafting of employee pension and welfare benefit plans, and more.
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