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Will the $ limit increase to $35,000 next year?


AndyH

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Posted

I've seen a few comments and had a few questions on the indexing of the dollar limit. Anyone know the likeliness of this being indexed to $35K in 2001? I've seen some projections in the past, but haven't noticed anything this year so far.

Guest Paul Vickers
Posted

It is increasing to $ 35,000 unless Congress does something different.

Posted

Segal; thinks so, but don't expect anything official for a couple of weeks.

http://www.segalco.com/corporate/pub-corpo...rate.cfm?ID=299

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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