Mrs401k.com

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This table shows you the IRS dollar limits for a given plan year such as the maximum an employee can contribute (the 'elective deferral maximum'), the maximum you can add overall to your plan annually (the 'annual addition limitation') and the maximum compensation that may be considered when calculating contributions and allocations ('the annual compensation limitation) etc. Please note that if you are age 50 or older, the maximum you can add overall to your plan annually is the 'annual addition limitation' plus the catchup deferral maximum.

IRS Circular 230 Disclosure: Any tax discussion contained in this communication was not intended or written to be used, and cannot be used by the recipient or any other person, for the purpose of avoiding any Internal Revenue Code penalties that may be imposed on such person. Any tax discussion contained in the communication was written to support the promotion or marketing of the transactions or matter discussed herein. Any taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor. This information is provided as general guidance. It is not intended to be legal or tax advice. Employers should contact their legal and/or tax advisors regarding the facts and circumstances around their own retirement plan and the applicability of the issues discussed in the communication.

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