Tom Poje Posted August 15, 2008 Posted August 15, 2008 good grief. according to the numbers I have based on the CPI index (The July value was 219.964) the 415 limit will be 49,000 next year. that's quite a jump. of course, I guess the CPI could drop in Aug and Sept, but... you can complain about gas prices and stuff, but it sure is going to increase the limits.
JanetM Posted August 15, 2008 Posted August 15, 2008 Holy Smoke - all the limits jump even if the aug & sept rate fall to 215. JanetM CPA, MBA
david rigby Posted August 15, 2008 Posted August 15, 2008 I think you're on the right track. BTW, the DB 415 limit looks like $195K, and the comp limit looks like $245K. I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.
XTitan Posted August 20, 2008 Posted August 20, 2008 414(q) 110,000 and 416(i) 160,000 (Guess we all have our favorites) - There are two types of people in the world: those who can extrapolate from incomplete data sets...
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