October 22, 2015

Most Qualified Plan Limits and Social Security Benefits Will Not Increase in 2016

On October 20, the Internal Revenue Service (IRS) announced that the dollar limits for retirement plans will not change for 2016. Last week, the Social Security Administration announced that there will be no cost-of-living adjustment for 2016. Sibson Consulting is preparing a publication on this news, which will be accessible from the Update page on the Sibson website.

If you have any questions, please contact your Sibson consultant or send us a note.

Compliance Services

Sibson helps our clients navigate the maze of federal, state and local laws and regulations related to benefit plans.

Learn more about our compliance services

Contact an Expert