Fall 2024 – Benefit Insights Newsletter

Fall 2024 – Benefit Insights Newsletter Cost of Living Adjustments for 2025 are here! On November 1, 2024, the IRS announced the Cost of Living Adjustments (COLAs) affecting the dollar limitations for retirement plans for 2025. In October, the Social Security Administration announced a modest benefit increase of 2.5%. Retirement plan limits also increased over…