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 leased vehicles.
  • 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

HSA Limits:
   $3,350 Single
   $6,750 Family
   $1,000 Additional Amount if Over 55

Social Security Wage Base $118,500

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