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Posted

the CPI factor was released today for Feb = 243.603

so if it stays at that level for the next 7 months, the deferral limit moves to 18,500

the other limits will jump if the avg for Jul  Aug  Sep = 244.5 (rounded)

with the Feds expected to raise interest rates, with 7 months to go of CPI factors, I'm guessing there will be an increase in all limits next year. of course it is still early....

Posted
42 minutes ago, Tom Poje said:

of course it is still early....

Um, yeah.

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.

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