Guest Posted December 5, 2000 Share Posted December 5, 2000 I actually have a plan in which the following might occur for the year 2001. well, some of us actually do look ahead in the planning stage to see what might happen. Plan is a SARSEP. ee makes 15%, plan is integrated. so I figure 415 limit is for the owner lesser of 15% * 170,000 = 25,500 or 30,000 - (80,400 * 5.7%) = 25417.20 correct? if ee defers 10,500 then if contribution was 6% + 5,7% in excess, ee gets capped at the lower figure? Link to comment Share on other sites More sharing options...
Gary Lesser Posted December 20, 2000 Share Posted December 20, 2000 The DC limit for 2001 is $35,000. Thus, the maximum statutory reduction of $4,582.80 ($80,400 x 5.7%) does not cause the DC limit to be exceeded; that is, $25,500 is less than $35,000 reduced by $4,582.80. Link to comment Share on other sites More sharing options...
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