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question about 401(k)

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06-01-26 00:37操作
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The contribution from the employers bonus DOES NOT counts against the limit. That means when you are planning the contribution for the 401K, you need to take consideration of the year-end bonus pay out.

[此贴子已经被作者于2006-2-6 13:12:54编辑过]

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06-02-06 13:25操作
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以下是引用xyin在2006-2-4 17:47:00的发言:

I don't think so.


The contribution from employer is not counted as far as I understand.


You are right. The employer contribution does not count towards the limit. It is required for the employer to deduct portion (depends on the percentage you initiated for the contribution) of the bonus payment to the 401K account. Therefore, for the anual limit, the end year bonus payment has to be considered.

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