Retirement plan increases in 2015

Published on October 30, 2014

Will You Park More Money in Your 401(k) in 2015?

Some sources are saying that there will be cost of living adjustments coming that will increase retirement plan benefit limits in 2015.  These limits are set by the IRS, based on the consumer price index-urban (CPI-U), a measure of the inflation rate from the Bureau of Labor Statistics; the numbers for July, August and September will be released around October 22.

Without getting too balled up in lots of figures, here’s the bottom line regarding the possible increases in retirement plan benefit limits:

 

You can read the original post that got this conversation going and get more statistics at http://xerox.bz/1nc9vuE.

We’ll keep you posted on what happens with these limits; suffice to say, any opportunity to boost your retirement savings is a good opportunity. Another opportunity to boost retirement wealth is through a self-directed retirement plan; self-direction allows investors to include a wide range of alternative assets in their self-directed Traditional or Roth IRA, self-directed SEP IRA or self-directed SIMPLE IRA for themselves and their employees. Looking to diversify your retirement portfolio?

Contact Next Generation Trust Services at Info@NextGenerationTrust.com or call (888) 857-8058 to get started on controlling your future, today.

 

For More Info On Self Directed IRAs Click Here

Back to Blog