The IRS has announced 2021 cost-of-living adjusted figures for retirement plan benefits. The Social Security Administration also announced 2021 changes based on the Consumer Price Index from the Bureau of Labor Statistics for the 12 months ended September 2020. This Client Action Bulletin also includes 2021 adjusted figures released by the IRS earlier this year for high-deductible health plans and health savings accounts.
2021 COLAs for Retirement, Social Security, and Health Benefits
This Client Action Bulletin includes announcements released by the IRS and Social Security Administration for retirement plan benefits, as well as adjusted figures for high-deductible health plans and health savings accounts.