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So typically when a flat dollar elections exceeds pay, the whole paycheck less taxes would be deferred. if the plan deferral limit is say 80%, would the deferral on pay be the whole paycheck or just up to that limit? Obviously its a plan year limit - so I would still think the whole check would be deferred as long as it didn't make that individual's deferral percentage greater than 80% on the year. Thoughts?

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