Coolidge Wall Co., L.P.A.
Phone : 937-608-9464 | Toll Free : 877-422-0702

October 2017 Archives

IRS Announces 2018 Pension Plan Limitations

On October 19, 2017 the IRS announced cost-of-living adjustments for 2018 retirement plan contributions. For 2018, the amounts that individuals will be able to contribute to retirement plans will increase from $18,000 to $18,500. However, the catch-up contribution limit for employees age 50 and over will remain unchanged at $6,000. This chart summarizes the limitations for 2018:

Changes to Ohio Workers' Compensation Law

On June 30, 2017, Gov. John Kasich signed H.B. 27 into law, not only funding the Ohio Bureau of Workers' Compensation (BWC), but also enacting a number of substantive changes. The new law became effective September 29, 2017. Below are some of the important substantive changes that are now law: