IRS Announces Pension Plan Limitations for 2013
October 23, 2012
The Internal Revenue Service today announced its annual update to dollar limitations for pension and other retirement plans for tax year 2013.
Many of the retirement plan-related limitations are changing because the annual cost-of-living increase met the statutory threshold that triggers their adjustment.
However, not all of them met their statutory thresholds, so several will remain unchanged next year.
For more information, please contact your CAPTRUST Financial Advisor, 800.216.0645.