Tom Poje Posted October 16, 2012 Posted October 16, 2012 assuming my spreadsheet is correct based on the code and regulations (and the CPI-U factor released today) next year's limits should be: deferral 17,500 compensation 255,000 Annual addition 51,000 DB limit 205,000 no change to catch up, key, HCE
XTitan Posted October 16, 2012 Posted October 16, 2012 Matches my spreadsheet, and the SS wage base is 113,700. - There are two types of people in the world: those who can extrapolate from incomplete data sets...
david rigby Posted October 16, 2012 Posted October 16, 2012 Link to SS news release http://ssa.gov/pressoffice/pr/2013cola-pr.html 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.
Tom Poje Posted October 16, 2012 Author Posted October 16, 2012 here then would be the covered comp table for next year. (I plug the new TWB into the table and it does the rest) I rolled my test plan in Relius to 2013 and verified the numbers as well. covered_comp_at_113700.xls
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