Sue Posted March 19, 2020 Posted March 19, 2020 This is probably a silly question - Can an employer deposit the $6,000 catch-up contribution to his account (for 2019 ) if the only source is a discretionary profit sharing? Meaning, can his total PS contribution be $62,000? Thanks!
Mike Preston Posted March 19, 2020 Posted March 19, 2020 No. Catch ups must be deferrals. Luke Bailey 1
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