Limits That Increase for 2015 Are As Follows: –The annual Salary Deferral Limit for 401(k), 403(b), and most 457 plans, currently $17,500, increases $500 to $18,000. –The age 50 and up catch-up limit also increases $500, to $6,000 total. This means that the maximum plan deferral an individual aged 50 or older in 2015 may… Read more »
Monthly Archives: October 2014
Doing Business in California is Complicated!
As a Human Resources consultant, I get asked a lot of wage and hour related questions to employment. Before I answer I usually have to ask a series of questions to make sure I give them the right answer. Wage and Hour laws are complicated. You have federal, state and city laws to contend with,… Read more »
Wage and Hour laws in California!
Wage and Hour laws are complicated. You have federal, state and city laws the rules that are most favorable to the employee is the rules that the company must follow. What makes a little more difficult is the minimum wage might be higher at the local level, but the rule for employee classification of exempt… Read more »