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IRS Announces 2025 Retirement and Benefit Plan Limits, SSA Announces COLA Adjustment
DLA Piper 
[Guidance Overview] Nov. 13, 2024 "On November 1, 2024, the [IRS] announced cost-of-living adjustments (COLAs) to the dollar limits on benefits and contributions in retirement plans for 2025. These adjustments are in addition to previously announced increases in limits to other employee benefit plans. In addition, the Social Security Administration (SSA) recently announced the COLA to the Social Security wage base for 2025." MORE >> |
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