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.
A system with senators who serve one two-year term and two four-year terms every ten years is considered a 2-4-4 term system. In the 12 states where the length of the term is two years, all state senate seats are up for re-election every two years.