2021 Retirement Contribution
Limitation Amounts
IRS Notice 2020-79
As we look toward 2021, the Internal Revenue Service released annual retirement plan limitations (IRS Notice 2020-79). Many of the limitations remain unchanged from the 2020 amounts.
Contact your Arnett Carbis Toothman advisor to discuss how the limitations impact your specific situation, or email us at info@actcpas.com.

As a reminder, year-end planning is a good time to review retirement plans to ensure documents are updated for changes. Additionally, review individual participant accounts for beneficiaries and contingent beneficiaries.