Jump to content

Compensation cap

Recommended Posts


The compensation cap does apply to the 2 percent nonelective contribution in a SIMPLE-IRA (but not matching). It also applies to a 401(k) SIMPLE for both matching and nonelective contribution purposes.

Link to comment
Share on other sites

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

Sign in

Already have an account? Sign in here.

Sign In Now

  • Create New...