lm64

How can we report on our W-2 form both the mandatory 3% employee’s contributions as a condition of employment and the elective employee’s deferrals $18,500 which are deferral limits for 403(b) plans in 2018? Currently we report as a lump sum for both under box 12( E). This confuses employees as both combined is in excess of the deferral limit.

We have 403(b) plans. How can I report under W-2 form: 1) mandatory EE contributions as a condition of employment and 2) EE elective deferrals under the 402(g)(1) (employee elective deferral limits)? Now this is summary under box 12 E. For example: 3% mandatory EE contributions and maximum EE elective for 2018 ($18,500) separate ? Thanks!