Sentences with phrase «as the contribution limit»

But in the end, the board's two Republican commissioners voted against the reclassification, in part saying it was up to the Legislature to consider campaign finance regulations such as contribution limits.
So he might be assuming that he has to be retired for him to do a conversion, and then he's thinking the conversion dollars is the same as the contribution limits of $ 5500.

Not exact matches

As the payroll contributions increase after 2019 there may be some temporary downward pressure on wages or employment, but with the payroll contribution increase limited to 1 % for most workers, this pressure will be limited.
Since there are no minimum contribution requirements, savers can contribute as much or as little as fits their personal budgets, so long as it fits within Roth IRA limits and within the account maximum of $ 15,000.
The federal government limits tax - deductible contributions to retirement plans; for most plans, such as 401 (k) programs, the maximum amount you can receive in contributions in 2016 is $ 53,000 if you're under the age of 50, and $ 59,000 if you're eligible to make «catch - up» contributions.
As Raudenbush Engineering ramped up hiring, the founders started hitting their plan's contribution limits ($ 12,500 in 2016 for workers under the age of 50).
The $ 55,000 limit is impressive compared to other types of retirement plans, as well, which have much lower maximum contribution limits.
«They need to encourage productivity and growth through measures such as broad - based reductions in personal taxes and increased contribution limits for registered plans to encourage savings.»
The contribution limits will be the same in 2018 as they were in 2017.
As an employee, you can contribute up to 100 % of compensation, up to the annual contribution limit of $ 18,000 in 2017.
However, the employee contribution limit would be the same as that for a traditional IRA.
And you'll be able to limit corporate matching contributions as long as necessary.
So companies are aiming higher: the product still needs to interest consumers, but in addition, the entire company needs to be perceived as making a positive contribution to society, or at least as trying to limit its negative impacts.
For example, as a member of the Freelancer's Union, I'm eligible to participate in a solo 401 (k), which offers higher annual contribution limits than a traditional or Roth IRA, along with the ability to deduct the money that goes in from my income.
While you can contribute to an IRA for a spouse who isn't working (as long as you file a joint tax return), the total contribution for both you and your spouse can't exceed your joint taxable income or double the annual IRA limit, whichever is less.
And if your 401 (k) fees are high, or if you've hit your contribution limits, look into other retirement savings vehicles, such as IRAs, if you have the extra money to put away.
The White House and Congress has been evaluating whether to reduce the pre-tax 401 (k) contribution limit to potentially as low as $ 2,400 from $ 18,000.
«Any payment by a person such as Cohen on behalf of or in consultation with a candidate to influence an election is an in - kind «contribution'to the candidate under campaign finance law subject to a $ 2,700 limit and disclosure requirements,» he said.
Because if you're investing the maximum $ 5,500 in a Roth IRA, it is impossible to invest the pretax equivalent of that amount in a traditional IRA, as you would exceed the IRA annual contribution limit.
If the $ 130,000 payment was meant to help Trump win the election (something Cohen denies), it could count as a campaign contribution that was well in excess of federal limits.
a director (or an immediate family member of a director) serves as an officer, director or trustee of a tax exempt organization, and the Company's contributions to the organization, in any single fiscal year, are more than the greater of $ 1 million or 2 % of that organization's consolidated gross revenues, provided that such contributions do not exceed the limits set forth in Paragraph A. 5 (c) above and that disclosure is made in the Company's annual proxy statement;
Because this option allows you to contribute both as an employer and an employee, it has high contribution limits.
The payment was not reported by the Trump campaign, and if it were to be counted as a contribution, it would vastly exceed the $ 2,700 - per - election limit.
Each of these plans has different characteristics — such as the ability to cover employees, contribution limits, and administrative responsibility, to name a few.
As this year's Nobel Laureate Richard Thaler noted in a tweet, «reducing the limit on 401 (k) contributions is massively progressive.»
With a new year upon us, it's a good time to be sure you understand the contribution rates and limits for various retirement plan options, so you can contribute as much as possible.
As long as the minor has qualified earned income, post-tax contributions can be made to the account provided that annual limits are not exceedeAs long as the minor has qualified earned income, post-tax contributions can be made to the account provided that annual limits are not exceedeas the minor has qualified earned income, post-tax contributions can be made to the account provided that annual limits are not exceeded.
IRA contribution limits do not apply to rollovers, so you can contribute any amount to your IRAs as long as it is coming from another retirement plan..
The IRS allows nonworking spouses to set up a spousal IRA, which has the same annual contribution limit as a Traditional IRA.
Any payment by a person such as Cohen on behalf of or in consultation with a candidate to influence an election is an in - kind «contribution» to the candidate under campaign finance law subject to a $ 2,700 limit and disclosure requirements.
Because you are contributing as both employee and employer, your contribution limit is higher.
Anyone under age 70 1/2 with eligible compensation, such as wages, can contribute to a traditional IRA, but there are income limits if you are covered under an employer retirement plan and you want to take a tax deduction on your contributions.
Assuming you're eligible for both, you can contribute to a traditional and a Roth IRA during the same year, as long as the total amount does not exceed the maximum allowable contribution limit of $ 5,500, or $ 6,500 if you're age 50 and over.
Completely ignoring the probable future increases in the contribution limits as well as so - called «catch - up» contributions that allow those 50 years or older to deposit even more money each year, by the time they turned 65, they'd be sitting on $ 28,728,583 in tax - free wealth.
, then it may count as an in - kind campaign contribution by Cohen — one that apparently went unreported to the Federal Election Commission and exceeded the legal limit for individual donations under federal law.
As is the case every year, a New Year brings changes for retirement plan contributions and limits.
If the money was connected to Trump's ongoing presidential campaign, then it may count as an in - kind campaign contribution by Cohen — one that apparently went unreported to the Federal Election Commission and exceeded the legal limit for individual donations under federal law.
And as I have already stated, Whitehead's personal contribution to anthropological thinking was indeed limited.
Or even worse: suppose the bureau carried its thinking on this subject to a logical conclusion and decided that contributions for scholarships limited strictly to athletes were «not properly classifiable as exclusively educational.»
The winger found his contribution limited in the first half but his pace became a vital component of Watford's attack as the game went on, swinging in a stunning ball that Ighalo was unlucky to not put away.
As agreed with the Nigerian and Swiss governments, the Bank's role was limited to carrying out an ex-post analysis on their use with a particular focus on their contribution to the NEEDS.»
As one such example, «reinsurance company OdysseyRe of Conn., a «wholly - owned subsidiary» of Canadian insurance and investment management giant Fairfax Financial Holdings Limited», made a $ 1 million contribution to Mitt Romney's Super PAC Restore Our Future.
According to campaign disclosure reports the Erie County GOP received five separate contributions of $ 20,000 each in 2012 from Limited Liability Corporations with the same address as New York City real estate company Glenwood Management.
The Cusick bill provides for contribution limits to both PACs and IEs as well as penalties for violating the caps.
Corporations must adhere to a $ 5,000 aggregate annual contribution limit that applies to candidates are well as committees, unless, of course, we're speaking of housekeeping committees, which have no contribution limits.
«For most offices, New York State's contribution «limits» are substantially higher than those of any other state that imposes limits, and they are so high as to ensure that large donors dominate major political campaigns and candidates spend as much time as possible raising money from donors rather than talking with voters about issues,» Cuomo said in the written version of the SoS.
The rise of Super PACs in this election cycle has caused a lot of buzz and consternation, in part because they allow donors to avoid restrictions like contribution limits and reporting requirements while spending as much as they'd like to support their preferred candidates.
As for the Working Families Party, critics say there has been limited phone banking, canvassing, calls for volunteers or emails asking for contributions to the Democratic Senate Campaign Committee.
These developers frequently gave through use of the «L.L.C. loophole,» which treats limited liability companies as individuals for the purpose of calculating contribution limits.
· Limit «Pay - To - Play» Contributions: Pay - to - play contributions must be limited in State campaigns as they are now in New York CiContributions: Pay - to - play contributions must be limited in State campaigns as they are now in New York Cicontributions must be limited in State campaigns as they are now in New York City elections.
a b c d e f g h i j k l m n o p q r s t u v w x y z