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1999 COLAs


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Posted

Does anyone have the 1999 colas???

Posted

To my knowledge, no one has final figures yet; the Social Security Administration announces the percentage increase at the end of the year.

However, estimates based on what we know about inflation to date predict:

- The §401(k) elective deferral limit will remain at $10,000

- The defined benefit §415 maximum annuity will remain at $130,000

- The defined contribution §415 maximum annual addition will remain at $30,000

- The §401(a)(17) annual compensation limit will remain at $160,000

- The §414(q)(1)(B) compensation breakpoint for determining highly compensated employees will remain at $80,000.

  • 3 weeks later...
Guest CVCalhoun
Posted

1999 limits are now available. You can click here to see them.

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