CCPIU returns the Chained Consumer Price Index for All Urban
Consumers (C-CPI-U), as published monthly on the internet, and can be
downloaded from the BLS web site via the “Special Menu”.
·
U.S. Bureau of
Labor Statistics (U.S. city average, All items - SUUR0000SA0)
CCPI-U
is used to annually adjust the 219(b)(5)(A) IRA Contribution Limit. For more
information, see the following:
·
26 U.S.
Code § 219 - Retirement savings.
·
Cost-of-living adjustment determined under
section 1(f)(3).
Syntax
CCPIU (Year, [Month])
|
Parameter Name |
Description |
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|
Year |
Year:
a 4 digit number. Or instead of entering a year, you can enter a date as “m/d/y”,
and if you omit the Month parameter, then Year = “y”, Month
= “m”, and “d” is ignored. |
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|
Month |
Month
as a number or a 3-letter abbreviation; or “annual”, “half1”, “half2”:
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