debbiebaze

Would the 404(a)(7) deduction limit (25% of compensation) apply to employer contributions made into a 401(a) plan by a governmental employer? Thank you so much for your help!

Is it permissible for the employee to contribute the maximum ($18k + catch up if eligible) into the 457b plan and the employer put up to $53k in the 401a plan?

Thank you!

Is Self Correction available to a Governmental 457 Plan that has a participant that exceeded the annual deferral limit for the past 10 years?

When are the employer match contributions subject to FICA taxes? Is it when distributed or when contributed to the plan? This plan has a 2/20 vesting schedule. Thank you!

Thank you!

We have a public school that has a 457 plan paired with a 401(a) plan. They are asking if the 2 plans can be merged together. Is this permissible?