2014 COLA Limits and Safe Harbor Notice

[buckaroo]

Has anyone heard when the 2014 COLA limits are going to be released? If so, when?

Related to the delayed 2014 COLA limits, we are discussing how we are going to craft our Safe Harbor notices if the 2014 COLA limits have not been released, but we do not have a concensus. (At this point, we are going to wait as long as possible and hope that the 2014 limits are released.) Has anyone else had any discussions related to this topic? If so, what ideas have been discussed?

[XTitan]

According to the BLS, CPI is scheduled to be released 10/30, so the expectation is that the COLA limits would be released same day.

[Trekker]

We are considering stating the 2013 limits and adding that these are projected to remain the same.

[buckaroo]

Thanks for the replies!

[Tom Poje]

this is the spreadsheet I use for calculating limits.

currently plugged into the table are the values for June - July - Aug

(so June needs to be replaced by Sept when released)

the current CPI-U is 233.xxx

it is easy enough to plug values into the table but it would appear the numbers (some have increases) are pretty well fixed no matter what happens. (e.g looks like the 415 limit will increase)

a major collapse of the CPI factor to 228 (last time it was that low was Feb 2012)

or a major increase to 238 would increase the limits even more.

(of course there is no guarantee of anything! This spreadsheet is simply based on the current guidelines from the regs)

indexed limits.xls