Defense Finance and Accounting Services (DFAS) Overview: An agency of the U.S Department of Defense, the Defense Finance and Accounting Service (DFAS) is responsible for administering finance and accounting services for the military and other members of Defense.
Best Answer: There is no limit to keep funds in your Savings and Current Account. But it will be advisable to keep funds in fixed deposit account if these are surplus for longer period.
Annual Limit on Compensation Contribution to 401K Plan for the Current Year. The 401k annual limit on compensation is one of the least understood limits, but itâs just as important to comprehend as all the others.The good news is that itâs not really difficult to understand.All this rule does is limit the amount of your compensation that can be taken into account when determining how much you can contribute to your account. For 2012, the annual limit on compensation is $250,000.he good news is that itâs not really difficult to understand. All this rule does is limit the amount of your compensation that can be taken into account when determining how much you can contribute to your account. For 2012, the annual limit on compensation is $250,000.