Higher 457(b) Contribution Limits for 2006 Under the 457(b) plan contribution limits for 2006, you could save as much as $30,000 toward retirement, on a pretax basis, this year alone. The simple worksheets in this booklet will show you how large a 457(b) plan contribution you can make.his guide will show you.Youâll learn about: â  The 457(b) savings opportunities for 2006â  Determining your 457(b) plan contribution limitâ  Taking the steps that are right for you Plan to make the most of your retirement savings in 2006.
Calculating the Obamacare Tax Penalty. For 2015, the penalty for going without health insurance is $325 per adult plus $162.50 per child (up to a maximum of $975 per family) or 2% of annual household income, whichever is greater. You'll make this payment when you file your taxes in April 2016.
Mar 24, 2016. 1  President Obama has touted Affordable Care Act as a way to save money on health care costs. 2  The non-partisan office estimates that the program will cost the federal government $1.34 trillion over the next decade, an increase of $136 billion from the CBO's predictions in 2015. In 2016 alone, Obamacare will cost a total of $110 billion. The rising costs are likely caused by higher-than-expected enrollment in the expanded Medicaid program created under the law. The CBO also estimates that about 12 million people are currently covered through Obamacare's insurance marketplaces this year.