legort69 Posted December 20, 2018 Posted December 20, 2018 Can someone clarify if the partner/member contribution for the deferral + match cannot > 402g limit?
Lou S. Posted December 20, 2018 Posted December 20, 2018 Unless the IRS deems it a disguised CODA on the ER contribution then the rule about match being counted as part of the 402(g) limit went out the window for self-employed in 1998 if my memory is correct. Bri 1
legort69 Posted December 21, 2018 Author Posted December 21, 2018 Is there any resource, link or website I can visit to verify?
Larry Starr Posted December 21, 2018 Posted December 21, 2018 20 hours ago, legort69 said: Can someone clarify if the partner/member contribution for the deferral + match cannot > 402g limit? Yes, go read IRC Sec 402(g) and the definition of elective deferrals. The match is not an elective deferral and does not count in the 402(g) limit. legort69 and Lou S. 2 Lawrence C. Starr, FLMI, CLU, CEBS, CPC, ChFC, EA, ATA, QPFC President Qualified Plan Consultants, Inc. 46 Daggett Drive West Springfield, MA 01089 413-736-2066 larrystarr@qpc-inc.com
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