It’s easier to build a fence at the top of a cliff than a
hospital at the bottom. Unknown
2016 Facts & Figures
Standard Mileage Rates:
- 54¢ per mile for business travel for personally owned or
- 19¢ per mile for using a vehicle to get medical care or in
connection with a move qualified for moving expense deduction.
- 14¢ per mile driven in service of charitable organizations.
401(k) Elective Contribution Limit: $18,000
If 50 & Over Catch-up Contribution Limit $6,000
$1,000 Additional Amount if Over 55
Social Security Wage Base $118,500