Justin Smith CPA
Inflation adjustments released for retirement plans
The IRS said that the limit on elective deferral contributions to 401(k) plans, 403(b) plans, most 457 plans, and the federal government’s Thrift Savings Plan will increase from $18,500 in 2018 to $19,000 in 2019.
Visit this article from the Journal of Accountancy for more information.