Lori H Posted April 7, 2009 Share Posted April 7, 2009 are they? I know they are exempt from federal with holding but not from FICA. What about FUTA and SUTA? I don't think they are. Link to comment Share on other sites More sharing options...
J Simmons Posted April 8, 2009 Share Posted April 8, 2009 are they? I know they are exempt from federal with holding but not from FICA. What about FUTA and SUTA? I don't think they are. Elective deferrals are included in FUTA wages (IRC § 3306®(1)(A)) just as they are in FICA wages (IRC § 31.3121(v)(1)(A)). John Simmons johnsimmonslaw@gmail.com Note to Readers: For you, I'm a stranger posting on a bulletin board. Posts here should not be given the same weight as personalized advice from a professional who knows or can learn all the facts of your situation. Link to comment Share on other sites More sharing options...
Don Levit Posted April 8, 2009 Share Posted April 8, 2009 I understand the reason that FICA must be paid is that the government does not want 401(k) dollars to reduce Social Security benefits. Don Levit Link to comment Share on other sites More sharing options...
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