Pension plan limitations for 2011.
| Position | IRS NEWS |
The IRS announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2011. Highlights include:
* The elective deferral (contribution) limit for employees who participate in section 401(k), 403(b) or 457(b) plans, and the federal government's Thrift Savings Plan, remains unchanged at $16,500.
* The...
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