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Salary Deferral contributions and Sections 404 deduction limits


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Guest Amy Harle
Posted

Realizing that Salary Deferrals will no longer be considered employer contributions for purposes of Section 404 deduction limits (starting 2002) will they still be considered toward a participant's 415 limit?

Posted

Yes, however the 415 limit will be 100% of compensation in 2002.

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