Client Alert - Employee Benefits - IRS Announces New Employee Benefits Limits for 2012

The Internal Revenue Service has recently announced cost-of-living adjustments applicable to dollar limitations for retirement plans (and other items) for 2012.  Many of the retirement plan limitations will change for 2012 because the increase in the cost-of-living index met the statutory thresholds that trigger their adjustment.  In many cases, this is the first time in three years the limitations have changed.