alexa Posted December 12, 2008 Posted December 12, 2008 We match on after-tax and matc on pre-tax up to 6% We cap the pre-tax match to 5175 for 2008 due to someone hitting the Comp limit of 230K for 2008 But can we put in more than the 5175 for 2008 with the addition of the after-tax match? We match each paroll which is weekly and we do not true-up at year-end
J Simmons Posted December 13, 2008 Posted December 13, 2008 It depends on what your plan doc's say. So is the match 37.5% on the first 6% electively deferred? That's how I come out at a cap of $5,175 for those hitting the $230k cap on considered comp. John Simmons johnsimmonslaw@gmail.com Note to Readers: For you, I'm a stranger posting on a bulletin board. Posts here should not be given the same weight as personalized advice from a professional who knows or can learn all the facts of your situation.
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now