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Wednesday
Oct242012

IRS Issues 2013 Cost of Living Adjustments

DateWednesday, October 24, 2012 at 5:13PM by AuthorBanking Spectrum

The Gold Book has been updated to reflect the cost-of-living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2013. In general, many of the pension plan limitations will change for 2013 because the cost-of-living index met the statutory thresholds that trigger their adjustments. Several sections within the Pension chapter are updated accordingly.

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