The IRS has Announced the 2015 Retirement Plan Contributions Limitations

| Alerding Alerts, News

In 2015, employees who participate in 401(k) and 403(b) plans may contribute up to $18,000 (up from $17,500 in 2014) into their plans.  Those over age 50 may contribute up to $24,000 (up from $23,000). The amount individuals may contribute to an IRA remains unchanged ($5,500 for those under age 50 and $6,500 for those 50 and over). The section 415 limit for total contributions by employees and employers combined to defined contribution plans is increased in 2015 from $52,000 to $53,000. Call Read more [...]

IRS Identity Theft – A Race Against the Bad Guys

| Business Miscellaneous

It seems like on a daily basis, I wake up to hear yet another major security breach of personal information has occurred for a major retailer such as Target or Home Depot.  If you are like me, my household has received three or four letters this year sharing that an organization we have done business with is reporting a possible or known breach.   I dutifully review my credit card and bank accounts for fraudulent charges; I watch my credit report for suspicious activity.  However, it isn’t Read more [...]