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Tag: 415b

IRC 415(b) Limit
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Understanding the IRC 415(b) Limit: A Comprehensive Guide

What is the IRC 415(b) Limit? The IRC 415(b) limit is a provision in the Internal Revenue Code that sets a maximum limit on the annual benefits a participant in a qualified retirement plan can receive. This limit is crucial for maintaining the tax-advantaged status of retirement plans and ensuring

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