--- title: ACG Blog | irs description: irs | ACG Blog --- [![acg-logo-header.png](https://blog.acgworldwide.com/hs-fs/hubfs/acg-logo-header.png?width=123&name=acg-logo-header.png "acg-logo-header.png")](http://www.acgworldwide.com/) - [Who We Are](http://www.acgworldwide.com/about-acg/) - [Selected Staff Bios](http://www.acgworldwide.com/selected-staff-bios/) - [Culture and Philosophy](http://www.acgworldwide.com/culture-and-philosophy/) - [Advisory Board Members](http://www.acgworldwide.com/advisory-board-members/) - [What We Do](http://www.acgworldwide.com/our-services/) - [Wealth Management](http://www.acgworldwide.com/wealth-management/) - [Investment Advisory](http://www.acgworldwide.com/investment-advisory-services/) - [Third Party Administration](http://www.acgworldwide.com/third-party-administration/) - [Retirement Plan Consulting](http://www.acgworldwide.com/401k/) - [Financial Planning Services](http://www.acgworldwide.com/financial-planning-services/) - [Tax Strategies](http://www.acgworldwide.com/tax-strategies/) - [Who We Help](http://www.acgworldwide.com/our-clients/) - [Businesses](http://www.acgworldwide.com/businesses/) - [Entrepreneurs](http://www.acgworldwide.com/entrepreneurs/) - [Individuals and Families](http://www.acgworldwide.com/successful-individuals-and-families/) - [Foundations and Endowments](http://www.acgworldwide.com/foundations-and-endowments/) - [Press & Resources](http://www.acgworldwide.com/acg-live/) - [Blog](http://www.acgworldwide.com/blog/) - [Company News](http://www.acgworldwide.com/company-news/) - [CBS 6 News Market Briefs](http://www.acgworldwide.com/company-news/bill-fitzgerald-of-cbs-6-news-interviews-with-sandy-wiggins/) - [Monthly Investor Insights](https://blog.acgworldwide.com/topic/monthly-insights) - [Quarterly Commentary](http://www.acgworldwide.com/commentary/) - [Cost of Living Adjustments](http://www.acgworldwide.com/colas-and-limits/) - [Important Disclosures](http://www.acgworldwide.com/acg-live/website-disclosure/) - [Contact Us](http://www.acgworldwide.com/contact-us/) [![Richmond Virginia](https://blog.acgworldwide.com/hs-fs/hubfs/ACG_June2016/images/ACGLogo_KOHi.png?width=280&height=112&name=ACGLogo_KOHi.png "Richmond Virginia")](http://www.acgworldwide.com/) ![banner2.jpg](https://blog.acgworldwide.com/hs-fs/hubfs/ACG_June2016/images/banners/banner2.jpg?width=810&name=banner2.jpg "banner2.jpg") # ACG Blog October 28 2022 ## [Qualified Plan and Social Security Limits to Rise by Record Amounts in 2023](https://blog.acgworldwide.com/qualified-plan-and-social-security-limits-to-rise-by-record-amounts-in-2023) Posted by [David J. Kupstas, FSA, EA, MSEA](https://blog.acgworldwide.com/author/david-j-kupstas-fsa-ea-msea) in [401(k)](https://blog.acgworldwide.com/topic/401k), [defined contribution](https://blog.acgworldwide.com/topic/defined-contribution), [defined benefit](https://blog.acgworldwide.com/topic/defined-benefit), [irs](https://blog.acgworldwide.com/topic/irs), [pbgc](https://blog.acgworldwide.com/topic/pbgc), [social security](https://blog.acgworldwide.com/topic/social-security), [retirement plan](https://blog.acgworldwide.com/topic/retirement-plan), [qualified plan](https://blog.acgworldwide.com/topic/qualified-plan) with [No Comments](https://blog.acgworldwide.com/qualified-plan-and-social-security-limits-to-rise-by-record-amounts-in-2023#comments-listing) When the new Social Security benefit amounts and qualified retirement plan limits are announced in early fall each year, usually not all of them will rise in any given year because of how the limits are rounded down to the next lower multiple. Due to... November 05 2021 ## [Big Jump for Qualified Plan Limits and Social Security in 2022](https://blog.acgworldwide.com/big-jump-for-qualified-plan-limits-and-social-security-in-2022) Posted by [David J. Kupstas, FSA, EA, MSEA](https://blog.acgworldwide.com/author/david-j-kupstas-fsa-ea-msea) in [401(k)](https://blog.acgworldwide.com/topic/401k), [defined contribution](https://blog.acgworldwide.com/topic/defined-contribution), [defined benefit](https://blog.acgworldwide.com/topic/defined-benefit), [irs](https://blog.acgworldwide.com/topic/irs), [pbgc](https://blog.acgworldwide.com/topic/pbgc), [social security](https://blog.acgworldwide.com/topic/social-security), [retirement plan](https://blog.acgworldwide.com/topic/retirement-plan), [qualified plan](https://blog.acgworldwide.com/topic/qualified-plan) with [No Comments](https://blog.acgworldwide.com/big-jump-for-qualified-plan-limits-and-social-security-in-2022#comments-listing) As a result of higher increases to the Consumer Price Index in 2021 than have been seen in recent years, Social Security benefits and qualified retirement plan limits will rise significantly in 2022, according to recent announcements from the IRS and... October 29 2020 ## [Out with 2020, In with the 2021 Retirement Plan Rates and Limits](https://blog.acgworldwide.com/out-with-2020-in-with-the-2021-retirement-plan-rates-and-limits) Posted by [David J. Kupstas, FSA, EA, MSEA](https://blog.acgworldwide.com/author/david-j-kupstas-fsa-ea-msea) in [401(k)](https://blog.acgworldwide.com/topic/401k), [defined contribution](https://blog.acgworldwide.com/topic/defined-contribution), [defined benefit](https://blog.acgworldwide.com/topic/defined-benefit), [irs](https://blog.acgworldwide.com/topic/irs), [pbgc](https://blog.acgworldwide.com/topic/pbgc), [social security](https://blog.acgworldwide.com/topic/social-security), [retirement plan](https://blog.acgworldwide.com/topic/retirement-plan), [qualified plan](https://blog.acgworldwide.com/topic/qualified-plan) with [No Comments](https://blog.acgworldwide.com/out-with-2020-in-with-the-2021-retirement-plan-rates-and-limits#comments-listing) As we head toward the close of this turbulent year, we have learned that most IRS limits related to qualified retirement plans will hold steady in 2021. Retirees receiving Social Security benefits will receive another modest increase, while PBGC prem... July 08 2020 ## [IRS Issues Further Details on Distributions and Plan Loans Under CARES Act](https://blog.acgworldwide.com/irs-issues-further-details-on-distributions-and-plan-loans-under-cares-act) Posted by [David J. Kupstas, FSA, EA, MSEA](https://blog.acgworldwide.com/author/david-j-kupstas-fsa-ea-msea) in [401(k)](https://blog.acgworldwide.com/topic/401k), [Investments](https://blog.acgworldwide.com/topic/investments), [Wealth Management](https://blog.acgworldwide.com/topic/wealth-management), [Financial Planning](https://blog.acgworldwide.com/topic/financial-planning), [distribution planning](https://blog.acgworldwide.com/topic/distribution-planning), [participant loan](https://blog.acgworldwide.com/topic/participant-loan), [irs](https://blog.acgworldwide.com/topic/irs), [covid-19](https://blog.acgworldwide.com/topic/covid-19) with [No Comments](https://blog.acgworldwide.com/irs-issues-further-details-on-distributions-and-plan-loans-under-cares-act#comments-listing) The CARES Act, signed into law on March 27, 2020, allows employees affected by COVID-19 greater access to money set aside for them in employer retirement plans. As often happens, many details of this new law were not immediately clear. We found ourse... August 21 2019 ## [How to Fix a Participant Loan](https://blog.acgworldwide.com/how-to-fix-a-participant-loan) Posted by [David J. Kupstas, FSA, EA, MSEA](https://blog.acgworldwide.com/author/david-j-kupstas-fsa-ea-msea) in [401(k)](https://blog.acgworldwide.com/topic/401k), [participant loan](https://blog.acgworldwide.com/topic/participant-loan), [epcrs](https://blog.acgworldwide.com/topic/epcrs), [irs](https://blog.acgworldwide.com/topic/irs), [vcp](https://blog.acgworldwide.com/topic/vcp) with [No Comments](https://blog.acgworldwide.com/how-to-fix-a-participant-loan#comments-listing) Recently, we shared the basic rules related to participant loans in qualified retirement plans. From time to time, there will be loans that are not in compliance with one or more of these rules. What happens then? Is there a fix? Today, we will go th... 1 [All posts](https://blog.acgworldwide.com/all) ### Subscribe to Email Updates ### Posts by Topic - [401(k) (105)](https://blog.acgworldwide.com/topic/401k) - [Retirement (105)](https://blog.acgworldwide.com/topic/retirement) - [Monthly Insights (80)](https://blog.acgworldwide.com/topic/monthly-insights) - [Financial Planning (62)](https://blog.acgworldwide.com/topic/financial-planning) - [Investments (50)](https://blog.acgworldwide.com/topic/investments) - [Wealth Management (37)](https://blog.acgworldwide.com/topic/wealth-management) - [Market Performance (28)](https://blog.acgworldwide.com/topic/market-performance) - [defined contribution (21)](https://blog.acgworldwide.com/topic/defined-contribution) - [Tax Strategy (16)](https://blog.acgworldwide.com/topic/tax-strategy) - [defined benefit (16)](https://blog.acgworldwide.com/topic/defined-benefit) - [retirement plan (10)](https://blog.acgworldwide.com/topic/retirement-plan) - [Compilation (9)](https://blog.acgworldwide.com/topic/compilation) - [covid-19 (6)](https://blog.acgworldwide.com/topic/covid-19) - [qualified plan (6)](https://blog.acgworldwide.com/topic/qualified-plan) - [Asset Allocation (5)](https://blog.acgworldwide.com/topic/asset-allocation) - [distribution planning (5)](https://blog.acgworldwide.com/topic/distribution-planning) - [irs (5)](https://blog.acgworldwide.com/topic/irs) - [Third Party Administration (4)](https://blog.acgworldwide.com/topic/third-party-administration) - [participant loan (4)](https://blog.acgworldwide.com/topic/participant-loan) - [pbgc (4)](https://blog.acgworldwide.com/topic/pbgc) - [secure act (4)](https://blog.acgworldwide.com/topic/secure-act) - [TPA (3)](https://blog.acgworldwide.com/topic/tpa) - [defined benefit funding (3)](https://blog.acgworldwide.com/topic/defined-benefit-funding) - [fiduciary obligation (3)](https://blog.acgworldwide.com/topic/fiduciary-obligation) - [options (3)](https://blog.acgworldwide.com/topic/options) - [social security (3)](https://blog.acgworldwide.com/topic/social-security) - [IRA (2)](https://blog.acgworldwide.com/topic/ira) - [Roth (2)](https://blog.acgworldwide.com/topic/roth) - [SEP (2)](https://blog.acgworldwide.com/topic/sep) - [SIMPLE (2)](https://blog.acgworldwide.com/topic/simple) - [combo plan (2)](https://blog.acgworldwide.com/topic/combo-plan) - [coronavirus (2)](https://blog.acgworldwide.com/topic/coronavirus) - [cross-tested (2)](https://blog.acgworldwide.com/topic/cross-tested) - [70 1/2 (1)](https://blog.acgworldwide.com/topic/70-1-2) - [ADP test (1)](https://blog.acgworldwide.com/topic/adp-test) - [Case Study (1)](https://blog.acgworldwide.com/topic/case-study) - [Donor Advised Fund (1)](https://blog.acgworldwide.com/topic/donor-advised-fund) - [RMD (1)](https://blog.acgworldwide.com/topic/rmd) - [SECURE 2.0 (1)](https://blog.acgworldwide.com/topic/secure-2-0) - [alternative defined contribution plan (1)](https://blog.acgworldwide.com/topic/alternative-defined-contribution-plan) - [beneficiary (1)](https://blog.acgworldwide.com/topic/beneficiary) - [cash balance (1)](https://blog.acgworldwide.com/topic/cash-balance) - [catch-up contribution (1)](https://blog.acgworldwide.com/topic/catch-up-contribution) - [collars (1)](https://blog.acgworldwide.com/topic/collars) - [contribution (1)](https://blog.acgworldwide.com/topic/contribution) - [death (1)](https://blog.acgworldwide.com/topic/death) - [deductions (1)](https://blog.acgworldwide.com/topic/deductions) - [epcrs (1)](https://blog.acgworldwide.com/topic/epcrs) - [form 5500 (1)](https://blog.acgworldwide.com/topic/form-5500) - [funding deadline (1)](https://blog.acgworldwide.com/topic/funding-deadline) - [hardship (1)](https://blog.acgworldwide.com/topic/hardship) - [integrated (1)](https://blog.acgworldwide.com/topic/integrated) - [interval funds (1)](https://blog.acgworldwide.com/topic/interval-funds) - [late deposits (1)](https://blog.acgworldwide.com/topic/late-deposits) - [mega backdoor roth ira (1)](https://blog.acgworldwide.com/topic/mega-backdoor-roth-ira) - [mistake of fact (1)](https://blog.acgworldwide.com/topic/mistake-of-fact) - [nonspouse (1)](https://blog.acgworldwide.com/topic/nonspouse) - [pension (1)](https://blog.acgworldwide.com/topic/pension) - [plan termination (1)](https://blog.acgworldwide.com/topic/plan-termination) - [put writing (1)](https://blog.acgworldwide.com/topic/put-writing) - [required minimum distribution (1)](https://blog.acgworldwide.com/topic/required-minimum-distribution) - [roth ira (1)](https://blog.acgworldwide.com/topic/roth-ira) - [successor plan (1)](https://blog.acgworldwide.com/topic/successor-plan) - [vcp (1)](https://blog.acgworldwide.com/topic/vcp) see all #### Phone: 800-231-6409 or 804-323-1886 | Fax: 804-323-1889 ©2026 ACG Worldwide. All Rights Reserved. ACG Wealth Management is a registered investment advisor with the Securities & Exchange Commission. If you would like to receive a copy of Form ADV, Part II please feel free to contact us at (804) 323-1886 or webmaster@acgwealthmanagement.com. [Important Disclosures](http://www.acgworldwide.com/acg-live/website-disclosure/)