The IRS has announced that the amounts employees can contribute to retirement plans will increase in 2019. Following is a table detailing some of those increases:
– Source – Notice 2018-83 (https://www.irs.gov/pub/irs-drop/n-18-83.pdf)
Provided by Wiss’ Employee Benefit Plan Group
Craig Erickson is the Partner-in-Charge of our Employee Benefit Plan Group where he handles audits of defined contribution plans, defined benefit plans, health and welfare plans and ESOPs. If you would like to speak with Craig, you may reach him at 973.786.2277 or at cerickson@wiss.visioncreativegroup.com.