social security wage base

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The Tax Corner – December 2014

By Nancy Espinoza, Tax Manager IRS Announces 2015 Pension Plan Limits The elective deferral (contribution) limit for employees who participate in 401(k), 403(b), most 457 plans, and the federal government’s Thrift Savings Plan will increase in 2015 from $17,500 to $18,000. The catch-up contribution limit for employees aged 50 and over who participate in 401(k), [...]

By | December 16th, 2014|Accountants, December 2014, Newsletter, Taxes, Unemployment|0 Comments