2015 plan limits

[pmacduff]

I thought I recall seeing a post from Tom Poje with the "estimates" for 2015, but can't find it. I know it's only 10/06 - but anyone know when they might be out or can connect me to that recent post?

Seemed like they came out alittle later last year (closer to Nov.1st).

thanks in advance.

[Lou S.]

http://benefitslink.com/boards/index.php?/topic/56203-plan-limits/#.VDL7dxYcVxI

I think this is the thread you are looking for.

[Tom Poje]

this is the spreadsheet that performs the calculations

you simply plug in the CPI values.

there is a link to that table noted on the spreadsheet. (you check the box for the first item)

limits are determined using the July-Aug-Sep factors (July and Aug are known at this point in time and are entered. about the middle of the month Sept will be released)

but in a few months you could plug in Jan-Feb-Mar 2015 (or other months) to get an idea if the limits will go up in 2016.

The taxable wage base is calculated differently, though I see they just released a prediction it will rise 1.7%, so I have to see what that does to the formula I have for that.

indexed limits.xls

[Trekker]

Carol Calhoun just issued her annual updates and wonderful chart.

However, I have not seen the numbers anywhere else.

[david rigby]

As of today, Carol's chart includes this footnote:

2015 IRS limits are projected, courtesy of Tom Poje of DCS Retirement Group. 2015 Social Security wage base is projected, courtesy of Financial Ducks. Projections not yet available are shown as “N/A.”