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IRS Announces 2015 Dollar Limits on Compensation and Benefits

Revised as of October 31, 2014

The Internal Revenue Service announced cost-of-living adjustments affecting the dollar limitations that will apply in 2015 for employee benefit plans. There are modest increases in many (but not all) of these limits.

The key limits will apply for 2015, as well as the limits that continue to be in place for the remainder of 2014. Please contact Steven Cosby if you have any questions about how these limits will apply to your benefit plans.

Read the full update here.

Contact Steven G. Cosby, MHSA with questions or to request more information and to schedule a healthcare plan evaluation, savings analysis or group plan solution for your company.

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