November 15, 2010

IRS Says No Changes in Plan Limits for 2011

NCEO founder and senior staff member

The IRS has announced that there was not enough inflation to trigger changes in the various limits on annual contributions and annual additions in defined contribution plans, and that definitions for highly compensated employees and the amount over which ESOP distributions can be paid out in more than five-year installments will not be changed. Details are at this link.