Payroll Frequently Asked Questions (FAQ)

The normal contribution limit, which applies to both tax-deferred annuity and deferred compensation programs, is 100% of salary to the maximum of $16,500 for 2011. Maximum of $17,000 for 2012. Employees are eligible to contribute an additional amount if they are age 50 or over during the 2011 calendar year. The additional amount for 2011 is $5,500 ................
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