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).
Matching contributions may be made on a per-pay-period basis, or by the due date of the employerâs tax return (including extensions). Example: Bobâs annual salary is $50,000 and he starts contributing to his employerâs SIMPLE IRA plan on September 1. He contributes $1,536 through December 31.