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Author: Goofyhoofy Big funky green star, 20000 posts Top Favorite Fools Top Recommended Fools Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75871  
Subject: Re: 2011 401(k) --limit remains unchanged Date: 11/3/2010 8:35 PM
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Some how I just can't see raising the limit $1000 or two as a real threat to the tax coffers of America.

Oh. I thought you were advocating some real change, not just bumping it up a few bucks.

For the record, the maximum in 1986 was $7,000. Adjusted for inflation, that would be $13,500 in today's dollars. So the limit has been raised already by $2,000 more than inflation, because it's now $15,500. (It went to $11,000 in 2002, with added "catch-up" provisions for people over 50. It's been raised even more for most people in a position to save those extra dollars.)

So your wish has already been granted. However, like most, I'm sure you want more. And that's the problem, no matter what it is, for some people it's never going to be enough. Raise it $1,000? Why not $2,000. If $2,000, why not $5,000? If $5,000, why not $10,000?
 
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