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Inflation adjsuted amounts (new comp limits, etc)


Tom Poje

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Posted

September's CPI has just been released. It is 181.0

So, based on my understanding of the regs, this gives us the following limits for 2003:

Comp limit 203,180, so we stay at 200,000

415 limit 40,636, so we stay at 40,000

DB limit of 162,544 so we stay at 160,000

guess there will be no changes for 2003.

Based on the numbers, I figure the CPI index needs to be 182.3 for the comp limit to be 205,000 and the 415 limit ti be 41,000.

It is reasonable to expect that should easily happen for 2004.

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