Prediction: Expect $15,500 Elective Deferral Cap for 2007

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[Opinion]

8/17/2006: Prediction: Expect $15,500 Elective Deferral Cap for 2007 (Blogging Employee Benefits)

Excerpt: [W]e'd need deflation for the next two months in order to have a third quarter that would keep the 2007 elective deferral limit flat at $15,000 .... Conversely, we'd need the annualized inflation rate to go ballistic up to more than 40% for each of the next two months in order to jump up to a deferral limit of $16,000, and the Fed would shoot the economy before that would happen.

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