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  2. Michigan Office of Retirement Services - Wikipedia

    en.wikipedia.org/wiki/Michigan_Office_of...

    The Michigan Public School Employees' Retirement System (MPSERS) collects and compiles employee wage, contribution, and service information from approximately 549 K-12 districts, 46 public school academy/charter schools, 7 universities, 28 community colleges, 55 intermediate school districts, and 10 libraries.

  3. Michigan Department of Technology, Management and Budget

    en.wikipedia.org/wiki/Michigan_Department_of...

    The Office of Retirement Services (ORS) administers defined benefit, defined contribution, hybrid, and deferred compensation retirement programs for Michigan's state employees, public school employees, judges, state police, and National Guard. Plans for over 550,000 public servants and their families, representing 1 in 9 Michigan households.

  4. A complete guide to 401(k) retirement plans: What is a ... - AOL

    www.aol.com/finance/complete-guide-401-k...

    The 401(k) has two varieties: the traditional 401(k) and the Roth 401(k). Traditional 401(k) : Employee contributions are made with pretax dollars, lowering your taxable income.

  5. 401(k) - Wikipedia

    en.wikipedia.org/wiki/401(k)

    There is also a maximum 401(k) contribution limit that applies to all employee and employer 401(k) contributions in a calendar year. This limit is the section 415 limit, which is the lesser of 100% of the employee's total pre-tax compensation or $56,000 for 2019, or $57,000 in 2020.

  6. Here Are the Biggest 401(k) Mistakes Each Generation Is Making

    www.aol.com/biggest-401-k-mistakes-generation...

    The 401(k) has been around for 46 years, and in that time, it has become the dominant workplace retirement plan employees of all ages use to save for their futures. Each generation has made its ...

  7. New Findings Show IRAs And 401(k)s Contribute Less Than 20% ...

    www.aol.com/findings-show-iras-401-k-223015245.html

    The small role that IRAs and 401(k)s play in retirement income can lead to financial struggles for many older Americans. According to the National Council on Aging, nearly 45% of people aged 60 ...

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