[Update on Oct. 19, 2017: The IRS officially announced the new limits in Notice 2017-64. All my projections matched the official announcement.] Although inflation continues to be low, it was enough to finally push up the 401k and 403b contribution [...]
2017 401k 403b IRA Contribution Limits
[Update on October 27, 2016: The IRS announced the 2017 contribution limits for various retirement plans and IRAs. It confirmed everything projected here back in August.] Inflation is very low this year. For the most part, the limits in 2017 will [...]
2016 401k 403b IRA Contribution Limits
The government released the official CPI numbers. They determined the 2016 contributions limits for various retirement plans and IRAs. Inflation is very low this year. For the most part, the limits in 2016 will stay the same as in [...]
2015 401k 403b IRA Contribution Limits
[Updated on October 22, 2014. New CPI number confirmed projections made here two months ago.] The government released the Consumer Price Index for September 2014. Inflation is higher this year but still low by historical standard. The new [...]
2014 401k and IRA Contribution Limits
The government shutdown in the first half of October delayed the September CPI release by two weeks. Inflation was very low in the last 12 months. According to the government, the Consumer Price Index for Urban Consumers (CPI-U) in September 2013 was [...]
2013 401k and IRA Contribution Limits
The Consumer Price Index for September 2012 was released. Now we have all the data needed to calculate 2013 401k and IRA contribution limits. 401k/403b/457 Elective Deferral Limit 401k/403b/457 contribution limit will go from $17,000 to $17,500 in [...]
