Archived Insight | January 8, 2020
The Internal Revenue Service (IRS) announced retirement plan limits for 2020. In October, the Social Security Administration announced figures for 2020 and the Pension Benefit Guaranty Corporation (PBGC) announced premium rates for 2020.
The following description of these changes was prepared by Serena Simons, Senior Vice President and Retirement Compliance Practice Leader at Segal.
What You Need to Know
The following changes will go into effect in 2020:
Segal Marco Advisors provides consulting advice on asset allocation, investment strategy, manager searches, performance measurement and related issues. The information and opinions herein provided by third parties have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed. This article and the data and analysis herein is intended for general education only and not as investment advice. It is not intended for use as a basis for investment decisions, nor should it be construed as advice designed to meet the needs of any particular investor. Please contact Segal Marco Advisors or another qualified investment professional for advice regarding the evaluation of any specific information, opinion, advice, or other content. Of course, on all matters involving legal interpretations and regulatory issues, investors should consult legal counsel.
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