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Monthly Archives: November 2015
IRS Announces New Limitations for Retirement Plans
The annual limit a person can contribute to an individual retirement account (IRA) is $5,500 per year. The elective contribution limit for employees who have a 401(k) plan, 403(b) plan, 457 plan, or federal thrift savings plan is $18,000 per … Continue reading
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Tagged Attorney, Down Town Lees Summit, Law Office Of Cameron Hoorfar, Lawyer, LOCH, Retirement
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Top 3 Debt Collection Companies
According to the ABA Journal, the biggest debt collection company is Encore Capital Group. It is based in San Diego, grosses $1 billion per year in revenue, and owns Midland Funding and Asset Acceptance. The second biggest debt collection company … Continue reading
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Tagged Attorney, Debt, debt collector, Down Town Lees Summit, Law Office, Law Office of Camron Hoorfar, Lawyer, LOCH, We Can Help
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No Social Security Increase
The Social Security Administration has announced that there will not be an increase in Social Security benefits for 2016. Currently, the maximum Social Security benefits a person can receive is $2,663 per month. If you are struggling to pay your … Continue reading
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Tagged Attorney, Down Town Lees Summit, Law Office of Camron Hoorfar, Lawyer, LOCH, Social Security benefits
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Fun Legal Statistics
Here are some fun statistics according to the ABA Journal: A Michigan inmate was awarded $1,251 when he was not allowed to hug his wife goodbye after a visit. 5,767 U.S. Post Office employees were attacked by dogs in 2014. … Continue reading
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Tagged Attorney, Did You Know, Down Town Lees Summit, Fun Facts, Law Office of Camron Hoorfar, Lawyer, Legal Statistics, LOCH, We Can Help
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