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IRS Announces Retirement Plan Limitations for 2010



by Lori A. Basilico
Edwards Angell Palmer & Dodge LLP - Providence Office

October 22, 2009

Previously published on October 2009

The Internal Revenue Service has announced the 2010 cost-of-living adjustments to the dollar limitations for qualified retirement plans and other benefits, and the Social Security Administration has announced its own cost-of-living adjustments for 2010. Most notably, the annual limits for qualified retirement plan contributions and benefits and the wage base for computing the Social Security tax (OASDI) remain unchanged for 2010.


 

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