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 »
Posts Tagged: ERISA
What Are The Records Employers Are Expected To Develop In The Course Of Employment?
The employer is the keeper of the record and failure to have accurate records puts the employer at risk. The employer needs to develop certain records to be in and keep them to be in compliance. In general, all records must be maintained for a minimum number of years. The time varies from document to… Read more »