Not very exciting

If you have clients making retirement plan contributions it’s important to know that retirement plan deferral limits are increased in 2013; just not very much.

The elective deferral (contribution) limit for employees who participate in 401(k), 403(b), most 457 plans and the federal government’s Thrift Savings Plan is increased from $17,000 to $17,500. The PLANADVISER article also discusses changes in other plan areas.

Full link to the PLANADVISER article: http://www.planadviser.com/Retirement_Plan_Deferral_Limit_Increases_for_2013.aspx

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