Posts Tagged ‘Caron & Bletzer’

2014 Retirement Plan Limit Increases Announced

The IRS announced yesterday the new limits for 2014. The most important changes applicable to retirement plans are outlined below. The §415(c)(1)(A) limit on total contributions to a defined contribution plan was increased from $51,000 to $52,000. The §415(b)(1)(A) limitation on the annual benefit under a defined benefit pension plan increased from $205,000 to $210,000. […]

In-Plan ROTH conversions

As a result of the dreaded fiscal cliff negotiations, on January 1, 2013, Congress passed the American Taxpayer Relief Act of 2012.  One of the provisions of this bill was to expand in-plan Roth conversions.  These new provisions may appeal to individuals who expect their tax rates to increase or to wealthy individuals who want […]

2012 Retirement Plan Limits Were Recently Announced

Finally, cost of living adjustment (COLA) figures have moved enough to cause retirement plan contribution limits to rise after remaining the same for three years in a row.  On October 20, 2011, the IRS announced the new limits for 2012.  The elective deferral (employee contribution) limit increases from $16,500 to $17,000 for 401(k), 403(b) and […]

Jeff Polchlopek Joins the Partnership

We are pleased to announce that Jeff Polchlopek, who has been with the firm for over 10 years, was promoted to partner at Caron & Bletzer, PLLC. Jeff is an audit partner in the ERISA practice, and runs many of the firm’s more complex employee benefit audits. His practice has a particular emphasis on clients […]