next year's limits

[Tom Poje]

with the release of the consumer price index last Friday,  (based on the current hi 3 average [ feb-mar-apr]) the limits just jumped to the next level

19,000 deferral

280,000 comp

56,000 415 limit

of course there are 5 months to go, but I don't see any major drop coming in the index....

[Larry Starr]

From your lips to g-d's ears!  And I'm THRILLED to get rid of that stupid $500 extra deferral that makes the math much harder to remember.....

 

[Larry Starr]

Tom,

Did you get a number for HCE; will it go up from $120k?

Larry.

[Tom Poje]

yes, 125,000 and key ee 180,000  going up as well.

[XTitan]

If we get a spike to 4.2% CPI in Jun-Jul-Aug, we go up two steps on all the limits and catchup finally moves to 6500.  I'd rather not have this happen.