Calculating Partnership Maximum Contributions

[Guest Thornton]

Does anyone have software or other suggestions for calculating the maximum contribution amounts for sel-employed businesses, particularly in cases where there are multiple plans with a 401(k) option and an integrated allocation formula.

[Ervin Barham]

Have you checked the "yellow pages" located elsewhere at this site? There are several companies listed that should be able to handle that or that you can contact for more info.

[Guest PeterGulia]

Although the organizer exhorts us to avoid commercial messages, what you're looking for is QP-SEP Illustrator, which works for 401 qualified plans and others. The software lets the user solve for the optimal integration level, along with built-in rules for IRC 401(a)(17), 404, and 415.

The maker is Gary S. Lesser. Gary and his GSL Galactic Consulting are supporters of BenefitsLink.