Determination of Exempt Amounts
Retirement test exempt amounts
Determination of the Exempt Amounts for 2016
Ordinarily the exempt amounts are determined according to formulas set by law.
The formulas are applicable only if a cost-of-living
increase becomes effective for December of the year in which a determination
of the exempt amounts would ordinarily be made.
Because there is no cost-of-living increase for December 2015, the exempt amounts in 2016 are the same as the 2015 amounts.