Jilliandiz Posted April 8, 2005 Posted April 8, 2005 Plan Year 2004 Participant 401k = $13,000 He's over 50 Add'l PS = $31,000 Total limit = $44,000 Can that work based on taking $3,000 out of the $13,000 and classifying it as catch up...therefore $10,000 401k, $3,000 catch up, $31,000 PS???
david rigby Posted April 8, 2005 Posted April 8, 2005 What say the plan(s)? I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.
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