Guest revier Posted December 15, 2004 Posted December 15, 2004 If you have a profit sharing only calendar year 2004 plan, can a participant who is over 50 have an emploer contribution of $44,000? They are over the 415 limit, but do you need deferrals to get the catch up?
jquazza Posted December 15, 2004 Posted December 15, 2004 No/yes, catch-up contributions need to come from deferrals, there is no PS catch-up. /JPQ
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