increase in max contribution....

[Guest]

January's consumer price index was 168.7

(168.7/145.7667) * 30000 = 34,720 so we are getting close to increasing the limit to 35,000.

We have 8 months to go, so it could be that 2001 will be 35,000! My estimates indicated we were at 34,410 for 2000, (which rounds down to 30,000), so we've made it halfway to the magic 35,000 in just 4 months.

the CPI is released middle of the month, so thats all until Mid-March before we can see where we stand.