The Internal Revenue Service has announced cost-of-living adjustments applicable to dollar limitations for qualified retirement plans for 2012. Many of the applicable limitations will increase for 2012, although some limitations will remain unchanged. The Social Security Administration has announced that there will be an increase in the Social Security taxable wage base for 2012, from $106,800 to $110,000. Click here to view a chart showing the commonly-used 2011 and 2012 year limits.