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Showing posts from December, 2024

2025 IRA and 401(k) Contribution Limits

For 2025, retirement account contribution limits will increase from the 2024 amounts for 401(k), 403(b), and 457 accounts. For Individual Retirement Accounts (IRAs), contribution limits will remain the same as the 2024 amounts. 2025 Contribution Limits for Retirement Accounts Employment with the State of California offers many great benefits. Among those benefits is the guaranteed retirement income state employees earn through the CalPERS pension system. But there is another form of retirement planning the State makes available to its employees. Savings Plus is a voluntary retirement planning program that offers 401(k) and 457(b) retirement accounts. These accounts are funded through automatic payroll deductions and are a great way to save additional money for retirement. The California Job Blog has a more in-depth article about Savings Plus , how these account work and the investment options available to State employees. The purpose of this article is to highlight the cont...

2025 State of California Pay Days

Monthly Paid Employees Month Pay Day Direct Deposit Date January 01/30/2025 01/31/2025 February 02/28/2025 03/03/2025 March 03/28/2025 04/01/2025 April 04/30/2025 05/01/2025 May 05/30/2025 06/02/2025 June 06/30/2025 07/01/2025 July 07/30/2025 07/31/2025 August 08/29/2025 09/02/2025 September 09/30/2025 10/01/2025 October 10/30/2025 10/31/2025 November 12/01/2025 12/02/2025 December 12/31/2025 01/02/2026 Semi-Monthly Paid Employees (Direct Deposit) Month First Half Pay Day Second Half Pay Day January 01/16/2025 01/31/2025 February 02/18/2025 03/03/2025 March 03/17/2025 04/01/2025 April 04/16/2025 05/01/2025 May 05/16/2025 06/...