1 Scientists use the â instrument to â measure the intensity of the â light. 2  The â firemen were â forced to â retreat by the intensity of the â heat. 3  The intensity of the â earthquake is â measured on the Richter â scale.
Your employer will likely continue to contribute to these accounts with the bonus payout using the original contribution percentage that you set up. So if you already automatically contribute 5% of your gross income to your 401(k), your employer will probably take 5% of your bonus money and put it in your 401(k). If you are not careful, you could exceed your annual maximum allowable tax-deductible contributions to your 401(k).
Also, employers cannot offer another type of retirement plan to their workforce during the same plan year as the SIMPLE IRA plan. Here's an overview of the types of benefits available to small-business owners who create a SIMPLE IRA plan for their employees: 1  SIMPLE IRA plans, like other types of employer-sponsored retirement plans, allow employee participants to defer part of their salaries on a tax-deferred basis.