Puerto Rico Department of the Treasury Announces 2026 Limits on Qualified Retirement Plans

On February 20, 2026, the Puerto Rico Department of the Treasury issued Internal Revenue Circular Letter No. 26-03 (“CL IR 26-03”) announcing the applicable 2026 limits for Puerto Rico qualified retirement plans. Pursuant to Section 1081.01(h) of the Puerto Rico Internal Revenue Code of 2011, as amended (“PR Code”), the Secretary of the Treasury is required to publish the applicable limits under Section 401(a) of the Internal Revenue Code of 1986, as amended (“US Code”), which are incorporated... By: Littler