IRS Announces Cost of Living Adjustments for 2012
The IRS has released cost-of-living adjustments for 2012. More information on pension limits can be found here. More information on other COLA adjustments can be found here. Some highlights: The contribution limit to IRAs remains at $5,000. The income limits on the IRA deduction phaseout and Roth IRA contributions have been increased*. The contribution limit […]