What kind of nightmarish world would we be living in where prices would go up 2,000% overnight? A world where gas today is $1.50 per gallon, but tomorrow it will cost you $30 for the same gallon. Thankfully, such increases are all but unheard of in the real world. At least that’s the case most of the time. Effective February 1, 2016, the IRS is raising the cost of some IRA (and other retirement account) related private letter rulings (PLRs) by as much as 2,000%... overnight! Here’s the deal.