2018 Tax Season Reference for Retirement Accounts - January 18, 2018

Filed under: Retirement, Tax Updates

  To assist in call center and operations units, we have prepared a chart that summarizes and codifies the primary issues that your staff will likely encounter and have to respond to during tax season.   For more information on NQR’s transfer agency evaluations, click here.  

Chart: 2018 Cost-of-Living Adjustments to Contribution Limits for Retirement Plans - December 4, 2017

  Compare limitation types for 2018 vs. 2017: View PDF  

IRS Announces 2018 Cost-of-Living Adjustments to Retirement Plan Contribution Limits - October 30, 2017

  The IRS has just announced the 2018 Cost-of-Living Adjustments to Contribution Limits for Retirement Plans:   The Salary Deferral Limit for 401(k), 403(b), and 457(b) plans has increased from $18,000 to $18,500.  The Catchup Contribution Limit remains at $6,000 The Contribution Limit for Traditional IRAs and Roth IRAs remains at $5,500.  The Catchup Contribution …

American Taxpayer Relief Act of 2012 - March 7, 2013

In-Plan Conversions to Roth Accounts The American Taxpayer Relief Act of 2012 includes a provision that allows defined contribution retirement accounts not otherwise distributable to be converted within the plan to Roth accounts.  Previously, only amounts that were deemed distributable (such as when the participant attained age 59½) could be converted to in-plan Roth accounts. …

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