A limit on employee elective salary deferrals. Salary deferrals are contributions an employee makes, in lieu of salary, to certain retirement plans: 401(k) plans 403(b) plans SARSEP IRA plans (Salary Reduction Simplified Employee Pension Plans) SIMPLE IRA plans (Savings Incentive Match Plans for Employees) An overall limit on contributions to a participant’s account. The limit applies to the total of: elective deferrals (but not catch-up contributions) employer matching contributions employer nonelective contributions allocations of forfeitures
Some companies have rule about ONLY marching each pay check.
Therefore need to make sure the maximum matching amount being spread over the year before hitting the limit. Need to check and calculate during the year for a couple of times to be certain about it....
请问一下, 401今年不小心已经放满了,是不是没有办法,只能失去公司每次百分之五的匹配? 谢谢!
不要deduct奖金,因为奖金不固定
First limit is $22500, second limit is $66000
https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-401k-and-profit-sharing-plan-contribution-limits#:~:text=Deferral%20limits%20for%20401(k,to%20cost%2Dof%2Dliving%20adjustments
Two annual limits apply to contributions:
A limit on employee elective salary deferrals. Salary deferrals are contributions an employee makes, in lieu of salary, to certain retirement plans: 401(k) plans 403(b) plans SARSEP IRA plans (Salary Reduction Simplified Employee Pension Plans) SIMPLE IRA plans (Savings Incentive Match Plans for Employees)An overall limit on contributions to a participant’s account. The limit applies to the total of: elective deferrals (but not catch-up contributions) employer matching contributions employer nonelective contributions allocations of forfeitures
Therefore need to make sure the maximum matching amount being spread over the year before hitting the limit. Need to check and calculate during the year for a couple of times to be certain about it....
估计在2，3月份会补给你。基本上是季度财报时间左右或之后。
都是按每年的contribution，不是按pay check。401k 的文件上应该有说明。
不必担心。