IRS Announces 2015 Cost-of-Living Adjustments

By: Brant Griffin – November 6, 2014

On October 23, 2014 the IRS announced this year’s retirement-related cost of living adjustments. Because the cost- of-living index met it’s statutory threshold for increase, many retirement related definitions and contribution limits will experience a minor increase in tax year 2015. Changes are mostly focused on qualified plan contribution limits and definitions, as IRA limits remain unchanged. Highlights include the following:


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