Jump to content

Recommended Posts

Posted
limited by 415 only. How do you get a deferral of $22,500?

and ACP test

On the deferral I'd assume that's a typo with $16.5K + $5.5K = $22K max.

Posted
limited by 415 only. How do you get a deferral of $22,500?

and ACP test

On the deferral I'd assume that's a typo with $16.5K + $5.5K = $22K max.

Thanks. Typo.

Posted
Can the 401(k) match exceed the deferral?

A matching formula can be more than 100%. (Not very common, but it's possible.)

As correctly stated, 415 and ACP limits apply.

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.

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 account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

Terms of Use