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Revised Indexed Figures for 2013

The IRS and Social Security Administration have released cost-of-living (COLA) adjustments that apply to dollar limitations set forth in certain IRS Code Sections.  The Consumer Price Index rose enough since the third quarter of last year to warrant an increase in some indexed figures for 2013.

To view the updated inflation adjustment charts click here.

 

Items affected:

Social Security and Medicare Wage Base

Indexed Compensation levels

401(k) Plans

Health FSA

Adoption Credit

Health Savings Account (HSA)

Archer Medical Savings Account (MSA)

Dependent and/or Child Day Care Expenses

Commuter Accounts

Long-Term Care

Standard Mileage Rates

 


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