Salary Deferral Election Time

It’s year end and time to update your contribution amounts for your 401(k) accounts for 2012.   Although the maximum catch up contribution amount didn’t change for 2012 (it’s still $5,500), the maximum amount of elective deferrals did increase by $500 from $16,500 to $17,000.  For a listing of other benefit limits for 2012 see this …

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