With the new tax law everyone has been talking about the dollar increases in the employee contribution limit ($11,000 next year and then gradually increasing to $15,000 by 2006).In the past there were other "limits" imposed such as the fact that the employee and company contribution could not exceed 25% of your pay and also could not exceed $30,000 per year.I heard that there were other changes included with the new tax law which increase these limits to 100% and $40,000 starting next year.The only place I've heard this mentioned was in an article on www.money.com. Since then the article seens to have vanished from the site. All I have is a hardcopy of the story.Does anyone out there know the scoop? Are these other increases for real? Andrew Leccesealeccese
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar<