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Are changes like this one announced officially (and broadly) somewhere that I'm not aware of?

There are many provisions, this one included, that are indexed to inflation. When the third quarter Dept. of Labor numbers are out, IRS makes the calculations and issues the next year's numbers. Unfortunately they can't control what people do with them. If you check recent announcements in November at the IRS site, you'll find it quickly.

The SIMPLE limits gave IRS special problems in 2000 because of pending legislation. They need to get the numbers out, but in this case they also needed to include the caveat that pending legislation might change them. There's really nothing you can do in a case like that except track the legislation.

Phil Marti
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