Every year, the Internal Revenue Service announces the cost-of-living adjustments applicable to dollar limitations for retirement plans in the United States. Cook Street has provided a summary of the most recent tax year announcement as well as preceding years below.
Similarly, the Canada Revenue Agency announces annual adjustments to the retirement plan limits which impact the Canadian Pension Plan, Quebec Pension Plan, and various retirement programs in Canada. A summary of the most recent tax year announcement as well as preceding years are available below.
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