2016 Cost-of-Living Adjusted Amounts for Employee Benefit Plans
On October 21, 2015, the Internal Revenue Service announced the 2016 cost-of-living adjusted amounts for certain retirement plan and fringe benefit limitations. Earlier in 2015, the Internal Revenue Service announced the 2016 cost-of-living adjustments affecting health savings accounts and high deductible health plans, and on October 15, 2015, the Social Security Administration announced the 2016 cost-of-living adjustments related to Social Security benefits.
A list of the cost-of-living adjusted amounts that most commonly affect employer-sponsored benefit plans is available here.
Posted on October 28, 2015, in Employee Benefits, Health and Welfare Benefits, Retirement Plan Benefits. Bookmark the permalink. Comments Off on 2016 Cost-of-Living Adjusted Amounts for Employee Benefit Plans.