2009 Payroll Limits

Quick tips for new limits in 2009 401K – $16,500, catch up $5,500 Social Security – 106,800 Federal Minimum Wage – $6.55,  effective July 24, 2009  $7.25 Colorado Minimum Wage – $7.28 effective January 1, 2009 Health Savings Accounts – $3,000 individual, $5950 family Transportation in a commuter highway vehicle and any transit pass – $120 per month Qualified Parking …