My wife received a mailer in the mail recently that caught my eye. The return address was Flemings Steakhouse and Wine Bar. The outside of
2016 Pension Plan Limitations
The Internal Revenue Service today announced cost‑of‑living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2016. In general, the pension plan limitations will not change for 2016 because the increase in the cost-of-living index did not meet the statutory thresholds that trigger their adjustment. However, other limitations will change because the increase in the index did meet the statutory thresholds.