drakecohen Posted yesterday at 01:47 AM Posted yesterday at 01:47 AM If for 2025 a participant age 50 made 401(k) deferrals of $7,500 can they make a profit sharing contribution of $70,000 (assuming salary supports it) to get to the maximum annual addition by characterizing the $7,500 401(k) deferral as catch-up?
Bill Presson Posted yesterday at 12:44 PM Posted yesterday at 12:44 PM Of course. John Feldt ERPA CPC QPA 1 William C. Presson, ERPA, QPA, QKA bill.presson@gmail.com C 205.994.4070
Gilmore Posted 6 hours ago Posted 6 hours ago Looking forward to 2026, similar scenario, but the participant is also a Highly Paid Individual for Roth/Catchup rules. What are the considerations for recharacterizing the deferrals as catchup? I'm assuming this would require needing to know if the plan is using a "deemed" catchup method and if the participant has not opted out of Roth recharacterization?
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