TJG
Oct 14 1998, 02:04 PM
Does anyone have the 1999 colas???
Alan Simpson
Oct 14 1998, 04:53 PM
While I don't have final figures the Sept 21, 1998 issue of Pension & Benefits Week has a prediction of these amounts.
Laura
Oct 15 1998, 05:21 PM
To my knowledge, no one has final figures yet; the Social Security Administration announces the percentage increase at the end of the year.
However, estimates based on what we know about inflation to date predict:
- The §401(k) elective deferral limit will remain at $10,000
- The defined benefit §415 maximum annuity will remain at $130,000
- The defined contribution §415 maximum annual addition will remain at $30,000
- The §401(a)(17) annual compensation limit will remain at $160,000
- The §414(q)(1)(B) compensation breakpoint for determining highly compensated employees will remain at $80,000.
CVCalhoun
Nov 3 1998, 08:11 PM
1999 limits are now available. You can click
here to see them.