The State of Maryland Employee Benefits Division (EBD) has just announced they will increase the 2017 health care flexible spending account (FSA) limit from $2,550 to $2,600 in accordance with the change announced by the IRS. If you have already made the 2017 health care FSA election and want to increase to the new amount, […]
Tag Archives | IRS
Phishing Alert: phony tax emails reported to OTS
If you think you have fallen prey to a phishing email, forward the email immediately to phishing@towson.edu then contact the OTS Faculty/Staff Help Center at 410-704-5151 for assistance. The following are actual tax phishing emails forwarded by TU employees to the phishing@towson.edu mailbox: Example 1: From: IRS/E-file Validation [mailto: student@college.edu] Subject: Record Validation IRS/E-file Q&A Validation […]
Benefits Bulletin: IRS Announces 2015 Retirement Plan Contribution Limits
The IRS recently announced changes to retirement plan contribution limits for the 2015 calendar year. See the guide below for plan types and amounts. Plan Type Maximum Employee Contribution during CY 2015 401(k)/403(b) […]
Benefits Bulletin: IRS Announces 2015 Retirement Plan Contribution Limits
The IRS recently announced changes to retirement plan contribution limits for the 2015 calendar year. See the guide below for plan types and amounts. Plan Type Maximum Employee Contribution during CY 2015 401(k)/403(b) aggregate limit $18,000 457(b) $18,000 Catch-up contributions $ 6,000 (Age 50+) If you wish to make changes to your contribution amount and […]
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