Brian Gallagher Posted October 20, 2004 Posted October 20, 2004 Where can I get a copy of the 2005 pension plan limits? Remember: two wrongs don't make a right, but three rights make a left.
jevd Posted October 20, 2004 Posted October 20, 2004 Brian, Here is a link that appeared today. http://www.segalco.com/publications/bullet...sandfactors.pdf I don't know where they got the Pension numbers. I haven't seen any IRS announcement. Only the SSA. JEVD Making the complex understandable.
david rigby Posted October 20, 2004 Posted October 20, 2004 Segal's announcement is (of course) not official. But not difficult to derive. See chart at bottom of page 5 of Winter 2003 Enrolled Actuaries Report, http://www.actuary.org/ear/pdf/winter_2003.pdf. For example, to increase the 401(a)(17) limit, the increase in indexing was only 1.1%. The IRS announcement of 2004 limits was issued in October 2003, so expect the 2005 limits soon. I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.
jquazza Posted October 20, 2004 Posted October 20, 2004 It was actually announced today, see IR 2004-127. 2005 Pension Limits /JPQ
david rigby Posted October 20, 2004 Posted October 20, 2004 Note that under current indexing procedures (ignoring EGTRRA sunset provisions), it is likely that these limits will change every year. I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.
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