IRS Announces 2015 Retirement Plan Contribution Limits
Source: ThinkHR.com On October 23, 2014 the Treasury Department announced cost-of-living adjustments affecting dollar limitations for pension plans and retirement accounts for tax year 2015. The following is a summary of the changes that impact employees: 401(k), 403(b), most 457 plans and the federal government’s Thrift Savings Plans The elective deferral (contribution) limit increased from […]