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401k Salary Deferral raised for 2012
For all who are interested in keeping more of your money next year instead of being taxed. The IRS has raised the annual 401k election from $16,500 to $17,000 annual. It seems to continue to creep up year after year. This just puts more evidence that Social Security will not be around and it is even more important than ever to save on your own for retirement. This is every individuals responsibility and I feel in the future that it will be every business' responsibility. It is only a matter of time. ...read more
By Advisor Select 401k November 02, 2011