Highlights:

The IRS has released the 2012 cost-of-living adjustments for compensation and benefit limits related to retirement plans.

These limits are adjusted as often as every year to account for increases in the cost of living, or as established by statute.

By statute, several of these numbers may not be reduced.

The Internal Revenue Service has released the 2012 cost-of-living adjustments for compensation and benefit limits related to retirement plans. The following chart summarizes 2012 retirement plan limits and other benefit plan limits. These limits are adjusted as often as every year to account for increases in the cost of living, or as established by statute. By statute, several of these numbers may not be reduced. Many of the amounts have increased from the 2011 limits. The 2011 limits are also listed for reference purposes.

Click here to view the table.