The IRS released Notice 2020-79 on October 26, 2020 disclosing the cost-of-living adjustments for retirement plans. Many of the limits remained unchanged for 2021 as compared to 2020. Click here for a PDF of our complete chart with the 2021 limits in addition to the 2020 and 2019 limits for comparison.
Below is a condensed version for quick reference for some of the limits.
If you have additional questions or would like to discuss your retirement plan, please reach out to our Retirement Plan Services Team.