On Oct. 18, 2007, the Internal Revenue Service and the Social Security Administration issued the inflationadjusted amounts which affect qualified retirement plans and Social Security benefits effective Jan. 1, 2008. Please note that most of the limits have changed from 2007. For your convenience, set forth below is a brief summary of the applicable limits:

“U.S. Treasury Circular 230 Notice: Any U.S. federal tax advice included in this communication was not intended or written to be used, and cannot be used, for the purpose of avoiding U.S. federal tax penalties.”