Example: Your plan requires a match of 50% on salary deferrals that do not exceed 5% of compensation. Although Mary earned $360,000, your plan can only use up to $260,000 of her compensation when applying the matching formula for 2014.Maryâs matching contribution would be $6,500 (50% x (5% x $260,000)).Although Mary makes salary deferrals of $17,500, only $13,000 (5% of $260,000) will be matched. She must receive a matching contribution of $6,500 (50% x $13,000) under the terms of the plan.aryâs matching contribution would be $6,500 (50% x (5% x $260,000)). Although Mary makes salary deferrals of $17,500, only $13,000 (5% of $260,000) will be matched. She must receive a matching contribution of $6,500 (50% x $13,000) under the terms of the plan.
Dancing with the Stars judge Len Goodman married his longtime girlfriend, dance teacher Sue Barrett, Sunday in London, The Daily Mail reports. Goodman, 68, and Barrett, 47, exchanged I dos at a surprise ceremony in front of 30 family members and friends. The couple have been together for more than 10 years.
Neil Simon's Wife Is Dead. Mrs. Joan Bairn Simon, wife of Neil Simon, the playwright, died Wednesday of cancer at the age of 41. Mrs. Simon had danced professionally with the Martha Graham Company and other troupes. She was married to Mr. Simon in 1953. Surviving also are two daug ter Ellen and Nancy and her mother Mrs. Helen Bean.