Covered Comp for 2011

[austin3515]

Anyone know where I can find the covered compensation for 2011?

[Bill Presson]

Anyone know where I can find the covered compensation for 2011?

This is where I always go:

http://benefitsattorney.com/modules.php?name=415

[Guest Sieve]

Do you mean this: http://www.irs.gov/retirement/article/0,,id=96461,00.html

[david rigby]

The CC tables are published by the IRS late each year. For example, Rev. Ruling 2009-40 contained the 2010 table and was published in the Internal Revenue Bulletin on 12/28/09. Stay tuned.

In addition, the Enrolled Actuaries Report, published by the American Academy of Actuaries, will have the table in its Winter edition (not yet available) at this address: http://www.actuary.org/ear/index.asp

[Tom Poje]

since the TWB didn't change, I don't think there will be any change to the table from the prior year.

about all I recall, things are projected out over 35 years, and we are stuck on 106,800 at the moment.

Based on this idea, I had tried creating an excel sheet to perform the calculation, I think this sheet works, at least the values that I managed to calculate from the past match the historical data, so somehow this spreadsheet seems to work, but its been way too long since I created it, how I figured out to truncate things properly I have no clue, those brain cells are far too old.

maybe someday someone can explain to me how I managed this, especially with the years when the SSRA switched from 65 to 66 to 67.

[austin3515]

http://benefitslink.com/IRS/revrul2011-3.pdf

Today they were released!

[Tom Poje]

and no change. oh well, have to wait another year and see if the spreadsheet works if the TWB changes.

[david rigby]

Winter 2010 edition of the Enrolled Actuaries Report.

http://www.actuary.org/ear/

[Tom Poje]

the government's projections or estimates for cost of living increase and next year's taxable wage base can be found here (we know how accurate their estimates are)

http://www.ssa.gov/OACT/TR/2010/V_programatic.html#246131