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Puerto Rico Treasury Announces Retirement Plan Limits for 2019
McConnell Valdés
[Guidance Overview] Jan. 4, 2019 "The limitation on the annual benefit under a defined benefit plan ... is $225,000. The limitation on annual additions to a participant's account under a defined contribution plan ... is $56,000. The annual compensation limit ... is $280,000.... The elective deferral (contribution) limit ... for an employee who participates in a dual-qualified retirement plan ... as well as for an employee who participates in a retirement plan sponsored by the federal government is $19,000." MORE >> |
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