IRS Announces 2010 Retirement & Other Benefit Plan Limits
The Internal Revenue Service recently announced its 2010 adjustments and limits for retirement plans and other benefits. As illustrated below, few limits were changed from 2009. Limits of particular interest to Moreton & Company clients are listed below: Retirement & Saving Plan Contributions 2009 2010 401(k)/403(b) Contributions $16,500 $16,500 457(b) Limit $16,500 $16,500 Catch-up Contributions [...]