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South Dakota’s Minimum Wage Increases to $8.50/hr on 01/01/2015

South Dakota’s Minimum Wage Increases to $8.50/hr on 01/01/2015 https://dlr.sd.gov/wagehrs/minimumwage.aspx

Fair Labor Standards Act (FLSA) Minimum Wage Poster

http://www.dol.gov/whd/regs/compliance/posters/flsa.htm

Minimum Wage Laws in the States

http://www.dol.gov/whd/minwage/america.htm

For 2015 Social Security Wage Base increases to $118,500

Social Security’s Old-Age, Survivors, and Disability Insurance (OASDI) program limits the amount of earnings subject to taxation for a given year. The same annual limit also applies when those earnings are used in a benefit computation. This limit changes each year with changes in the national average wage index. We call this annual limit the […]

IRS Announces 2015 Pension Plan Limitations

WASHINGTON — The Internal Revenue Service today announced cost‑of‑living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2015. Many of the pension plan limitations will change for 2015 because the increase in the cost-of-living index met the statutory thresholds that trigger their adjustment. However, other limitations will remain unchanged because […]