Be alert for several significant changes or events during 2012: New fee disclosure rules go into effect for calendar year plans on January 1, 2012 that require brokers to disclose all fees they receive for services related to your 401(k) plan. The Supreme Court will review the constitutionality of the Patient Protection and Affordable [...]
2012 Contribution Limits The Social Security Wage Base for 2012, beginning January 1, 2012 will increase for the first time in several years. The wage base increases from $106,800 to $110,100. The maximum annual amount an employee can contribute to a 401(k) Plan during 2012 increases to $17,000. Employees age 50 and above can contribute [...]
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