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Projected 2021 Retirement Plan Limits
Mercer
July 17, 2020 "Most key Internal Revenue Code limits for qualified retirement plans won't increase in 2021, Mercer projects. The 415(c) maximum annual addition and the 401(a)(17) limit on retirement plan compensation will likely rise to the next rounding increment, but these limits are so close to the rounding breakpoint that even minimal deflation may keep the amounts at the 2020 levels." MORE >> |
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