Guest derfbme Posted March 4, 2001 Posted March 4, 2001 As a result of IRS sec. 415©(3)(D), if an employee has contibuted the maximum to either a 403(B) or 401k, can he/she still contibute to a salary reduction plan under the Qualified Transportation Plan ?
Guest mdrucker Posted July 25, 2001 Posted July 25, 2001 The employee can make pre-tax contributions to the transportation program. The transportation benefit is a non ERISA benefit. In your calculation of 415 compensation you add back the pre-tax transportation contribution to the W2. Contact me by email if you want more info on this. Mike
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