The catch-up contribution limit for employees aged 50 and over who participate in 401(k), 403(b), most 457 plans, and the federal governmentâs Thrift Savings Plan remains unchanged at $6,000. The limit on annual contributions to an Individual Retirement Arrangement (IRA) remains unchanged at $5,500.
The Delaware Senate is the upper house of the Delaware General Assembly, the state legislature of the US state of Delaware. It is composed of 21 Senators, each of whom is elected to a four-year term, except when reapportionment occurs, at which time Senators may be elected to a two-year term. There is no limit to the number of terms that a Senator may serve.
LONGEST TERMS IN OFFICE. In the first incarnation of term limits, which started in 1990, constitutional officers and State Senate members can hold an office for two four-year terms. In the State Assembly, the limit was three two-year terms. Under the new term limits, starting in 2012, members of the Legislature are now limited to a total of 12 years in office (no matter which house they are in when they serve those years).