Guest Jhagan Posted July 16, 2003 Share Posted July 16, 2003 Many Elected Officials receive a small amount of salary for their service. Since the annual additions limitation is lesser of 100% of salary or $41,000 (as indexed), is the most they could ever receive is their salary amount? Since more than likely their salary would always be under $41,000 limitation. Many times, it is less than a few thousand per year. Any other type of plan that would allow a higher employer contribution? Link to comment Share on other sites More sharing options...
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