Guest mpark Posted October 5, 2004 Share Posted October 5, 2004 I have a client who has a 401k plan and has elected Simple 401k status for the past several years. When they saw that the statutory limit increases every year, they asked if could they put a plan limit on the participant's elective deferrals during simple 401k years, i.e. they want to keep the deferral limit at $8,000. Is this allowed? Link to comment Share on other sites More sharing options...
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