Guest DianeC Posted January 5, 2000 Report Share Posted January 5, 2000 State retirement plan allows for purchase of service through payroll deduction on a pre-tax basis. The election to participate is irrevocable when made. Retirement system says that these contributions together with contributions to a 403(B) cannot exceed $30,000 annually. If this is being done on a pre-tax basis I thought thatit would be a 414(h) contribution and that it does not impact the 403(B) contribution this way. Can someone give me some ideas on this. If it is true can you explain and if not any code cites, plrs, etc. on this. Link to comment Share on other sites More sharing options...
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!Register a new account
Already have an account? Sign in here.Sign In Now