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1998/1999 Deferred Compensation Limit


Guest Barney Byrd

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Guest Barney Byrd
Posted

I believe $10,000 is the 1998 deferred compensation limit.

Where can this be found in IRS technical releases?

Has the 1999 deferred compensation been announced? If so, in what IRS source can it be found?

Posted

You are correct,the 1998 limit is $10,000 and will remain unchanged for 1999. See IRS News Release 97-41, October 22, 1997 for 1998 limits and IRS News Release 98-63; October 23, 1998 for 1999 limits.

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