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What Will the 2020 Contribution Limits Be?

Practice Management

Any day now the IRS is expected to release the contribution and benefits limits applicable to retirement plans.

The folks at October Three project that, based on the 1.76% increase in CPI-U between the 3rd quarter of 2018 and the 3rd quarter of 2019, we can expect increases in most limits applicable to retirement plans in 2020. 

Specifically: