IRS-releases-annual-contribution-limit-Bukaty-Hubsopt-Fall-2020

    IRS releases annual contribution limits

    Authored by Bukaty Companies on November 3, 2020

    The IRS issued new contribution limits this month for tax-advantaged accounts. The limits, adjusted for inflation annually, are effective January 1, 2021.

    As illustrated below, most limits important to employees remain unchanged from 2020.

     

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    Blog Category: Benefits, Compliance