FDX Jan 15 B fund contribution
02-05-2015, 08:15 PM
#1
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FDX Jan 15 B fund contribution
I was checking my Vanguard account tonight and noticed I have not had any B fund contributions in 2015 yet. I checked last year and there was a contribution 06 Jan 14. Anyone else missing theirs or know why this would be missing?
02-05-2015, 08:29 PM
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Originally Posted by max8222
I was checking my Vanguard account tonight and noticed I have not had any B fund contributions in 2015 yet. I checked last year and there was a contribution 06 Jan 14. Anyone else missing theirs or know why this would be missing?
02-05-2015, 08:51 PM
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Originally Posted by max8222
I was checking my Vanguard account tonight and noticed I have not had any B fund contributions in 2015 yet. I checked last year and there was a contribution 06 Jan 14. Anyone else missing theirs or know why this would be missing?
, which maxed out your B fund contributions for 2014, prior to December. Once you reached $260,000...No more B fund contribution.
02-06-2015, 06:08 PM
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Originally Posted by busdriver12
Is that correct, no more B fund contribution after 260K? I didn't realize that. I hope they raise the amount in the next contract, as there are a lot of people earning more than that.
fbh
02-06-2015, 06:15 PM
#6
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The correct limit for 2014 is 260K and 265K for 2015.
"The Internal Revenue Code provides for dollar limitations on benefits and contributions under qualified retirement plans. Code §415 requires the limits to be adjusted annually for cost-of-living increases. The IRS announced on October 31, 2013 cost-of-living adjustments applicable to dollar limitations for pension plans and other items for tax year 2014."
"The Internal Revenue Code provides for dollar limitations on benefits and contributions under qualified retirement plans. Code §415 requires the limits to be adjusted annually for cost-of-living increases. The IRS announced on October 31, 2013 cost-of-living adjustments applicable to dollar limitations for pension plans and other items for tax year 2014."
02-06-2015, 08:41 PM
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Originally Posted by MD11Fr8Dog
This discussion is about B fund, not 401k.
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