benefitz Posted July 26, 2016 Posted July 26, 2016 hi! I have a 403(b) plan that requires employees to make an irrevocable election to contribute to the plan as a condition of employment, so that means their contributions do not count towards the $18,000 limit on deferrals - but are the contributions still counted towards the $53,000 limit on annual additions? ~ thanks!
Carol V. Calhoun Posted July 28, 2016 Posted July 28, 2016 Yes. Regardless of whether they are treated as employer or employee contributions, they count toward the $53,000 limit. Employee benefits legal resource site The opinions of my postings are my own and do not necessarily represent my law firm's position, strategies, or opinions. The contents of my postings are offered for informational purposes only and should not be construed as legal advice. A visit to this board or an exchange of information through this board does not create an attorney-client relationship. You should consult directly with an attorney for individual advice regarding your particular situation. I am not your lawyer under any circumstances.
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