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).
in a maximum employer nonelective contribution of $5,400 for each employee. Employers may switch formulas in a new calendar year as long as employees are notified at least 60 days prior to January 1. Eligibility requirements To be eligible to participate in a SIMPLE IRA, employees must have up to two years of service during which they