Paired plans; if you have a profit-sharing plan and a money purchase plan, even if you do not make any contributions to the profit-sharing plan, does

[Guest Enda80]

Paired plans; if you have both a profit-sharing plan and a money purchase plan, even if you do not make any contributions to the profit-sharing plan, does a limit remain for the money purchase plan, and if so, what percentage does that limit stand at?

If not inconvenient, please give a specific reference for this.

[Bill Presson]

Paired plans; if you have both a profit-sharing plan and a money purchase plan, even if you do not make any contributions to the profit-sharing plan, does a limit remain for the money purchase plan, and if so, what percentage does that limit stand at?

If not inconvenient, please give a specific reference for this.

The deduction limit for money purchase plans is 25% of covered payroll; the same as profit sharing or paired plans.