Dazednconfused Posted February 21, 2011 Posted February 21, 2011 Plan PS contributions are at the 25% deductible limit of total participant comp for the ER. Document states FF are to be reallocated. If I reallocate FF total allocations are about 26.5% of total comp. The ER will only deduce the 25% and no participant will go over the individual limits. Is there any issues with this? I am thinking that it is ok since they are only deducting the 25%... Thanks,
Tom Poje Posted February 21, 2011 Posted February 21, 2011 that would be my understanding. the forf amount was deducted in a previous year so its not held against you.
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