by Todd | Jan 28, 2014
The new 2014 contribution limits and related limits for retirement plans have been released. Here is a Quick Summary: Defined Contribution Limit (employer & employee combined): $52,000 (formerly $51,000) 401(k) Salary deferral limit: $17,500 (unchanged) Maximum...
by Todd | Oct 18, 2012
The new 2013 contribution limits and related limits for retirement plans were released today. Here is a Quick Summary: Annual addition limit: $51,000 (formerly $50,000) Salary deferral limit: $17,500 (formerly $17,000) Maximum compensation to be considered:...
by Todd | Jan 7, 2011
As you know, with a new year comes new contribution limits for Health Savings Accounts and 401(k) retirement plans. This new year is unique because it also ushers in some new rules due to the Patient Protection and Affordable Care Act that was passed last year. So...
by Todd | Aug 1, 2010
Will you survive a retirement plan audit? How about an employee lawsuit? You know your business inside and out. But do you know everything there is to know about maintaining your 401(k) plan? Did you know that a plan fiduciary (YOU, perhaps?) can be held personally...
by Todd | Feb 13, 2010
Each year the plan contribution limits change for qualified plans, so here are the new amounts for 2010: 2010 401(k) limits: 401k Elective Deferrals: $16,500 Catch-up Contribution Limit: $5,500 Annual Compensation Limit: $245,000 Highly Compensated Employees: $110,000...