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Prediction: Expect $15,500 Elective Deferral Cap for 2007
Blogging Employee Benefits
[Opinion] Aug. 17, 2006
Excerpt: [W]e'd need deflation for the next two months in order to have a third quarter that would keep the 2007 elective deferral limit flat at $15,000 .... Conversely, we'd need the annualized inflation rate to go ballistic up to more than 40% for each of the next two months in order to jump up to a deferral limit of $16,000, and the Fed would shoot the economy before that would happen.
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