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2012 Cost-of-Living Adjustments for Qualified Retirement Plans

November 2011

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The Internal Revenue Service announced cost-of-living adjustments applicable to dollar limitations for pension plans and other items for tax year 2012. In general, since the cost-of-living index met the statutory thresholds, many of the pension limitations will change for 2012.

CompensationBenefitsAlertscostofliving

 

Material Discussed in this Alert is meant to provide general information and should not be acted on without obtaining professional advice tailored to your firm's individual needs. The information is for general guidance only and is not a substitute for professional advice.

IRS CIRCULAR 230 DISCLOSURE: To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein.

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James H. Guarino
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(978) 557-5377
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