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Internal Revenue Service Announces Cost-of-Living Adjustments for 2020: IRA Regular Contribution Limit Will Remain at $6,000

(Published November 7, 2019) On November 6, 2019 the Internal Revenue Service announced retirement plan related cost-of-living adjustments (COLAs) for 2020. Though some figures including the $6,000 regular contribution limit for traditional and Roth IRAs will remain the same, certain income thresholds that determine traditional IRA deductibility, Roth IRA eligibility, and saver’s tax credit eligibility will slightly increase.

New IRS IBOR SOFR Rules Do Not Fully Resolve Calculation Challenges for Debt Commentary

(Published November 7, 2019) New IRS IBOR / SOFR Rules Do Not Fully Resolve Calculation Challenges for Debt

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