ratherbereading Posted July 19, 2016 Posted July 19, 2016 I have a 401k plan. The owners do not contribute. Is their profit sharing amount for the owners who are 50 and over limited to $53,000 or can they add the catch up amount to that? 4 out of 3 people struggle with math
Bird Posted July 19, 2016 Posted July 19, 2016 The catch up has to be a deferral contribution, so no. Lou S. and ratherbereading 2 Ed Snyder
ratherbereading Posted July 19, 2016 Author Posted July 19, 2016 That's what I thought! Thanks so much! 4 out of 3 people struggle with math
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