Topics | Search Log Out | Register | Edit Profile
Hide Clipart | Banned/Unbanned User Log | Moderator Login History | Thread Delete/Move Log | Last 30 mins | 1 | 2
401K limit reduced to $5500 from $18,...

Chalanachithram.com DB » New TF Industry Related » Archive through June 06, 2018 » 401K limit reduced to $5500 from $18,500 « Previous Next »
Author Message
 

King
Side Hero
Username: King

Post Number: 3128
Registered: 08-2013
Posted From: 66.128.17.123

Rating: N/A
Votes: 0 (Vote!)

Posted on Tuesday, June 05, 2018 - 12:53 pm:       


Maverick:

welcome. for me its capped at 7.5% of base.



why do they cap unless they are matching dollar to dollar on your contribution.?
We haave only 5% match
 

Gotcha
Legend
Username: Gotcha

Post Number: 30036
Registered: 02-2008
Posted From: 172.87.48.134

Rating: N/A
Votes: 0 (Vote!)

Posted on Tuesday, June 05, 2018 - 12:45 pm:       

https://www.spencerfane.com/publication/deferred-compensatio n-for-dummies-the-section-409a-compliance-clock-is-ticking/
...
 

Maverick
Legend
Username: Maverick

Post Number: 68611
Registered: 01-2008
Posted From: 98.225.2.157

Rating: N/A
Votes: 0 (Vote!)

Posted on Tuesday, June 05, 2018 - 12:43 pm:       


Mrhyderabad:

adi satire.


financial matters lo gotcha no sattires naaku telisi
There's a cacophony in the truth, A melody in lies and it accompanies one on every journey, From the lows to the highs
 

Gotcha
Legend
Username: Gotcha

Post Number: 30035
Registered: 02-2008
Posted From: 172.87.48.134

Rating: N/A
Votes: 0 (Vote!)

Posted on Tuesday, June 05, 2018 - 12:40 pm:       


Mrhyderabad:

Gotcha gaaru some reason pulling my leg recently in almost all threads.


no for real not satire. google 409a plan
...
 

Siloan
Legend
Username: Siloan

Post Number: 56656
Registered: 03-2008
Posted From: 132.174.20.41

Rating: N/A
Votes: 0 (Vote!)

Posted on Tuesday, June 05, 2018 - 12:39 pm:       


Gotcha:

409a ane plan undi in that u can contribute as much as u want no limitation. it is not offered for all but only selected companies and selected few in companies




!ns kummehei
 

Gotcha
Legend
Username: Gotcha

Post Number: 30034
Registered: 02-2008
Posted From: 172.87.48.134

Rating: N/A
Votes: 0 (Vote!)

Posted on Tuesday, June 05, 2018 - 12:39 pm:       


Maverick:

idemiti? solo401k? daniki limit undiga


409a ane plan undi in that u can contribute as much as u want no limitation. it is not offered for all but only selected companies and selected few in companies
...
 

Mrhyderabad
Hero
Username: Mrhyderabad

Post Number: 13264
Registered: 01-2008
Posted From: 47.187.14.16

Rating: N/A
Votes: 0 (Vote!)

Posted on Tuesday, June 05, 2018 - 12:38 pm:       


Maverick:

idemiti? solo401k? daniki limit undiga


adi satire... Gotcha gaaru some reason pulling my leg recently in almost all threads... don't know why
Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein
 

Siloan
Legend
Username: Siloan

Post Number: 56655
Registered: 03-2008
Posted From: 132.174.20.41

Rating: N/A
Votes: 0 (Vote!)

Posted on Tuesday, June 05, 2018 - 12:38 pm:       


Siloan:

maa company lo



oh corp2corp aa
 

Gotcha
Legend
Username: Gotcha

Post Number: 30033
Registered: 02-2008
Posted From: 172.87.48.134

Rating: N/A
Votes: 0 (Vote!)

Posted on Tuesday, June 05, 2018 - 12:38 pm:       


Gotcha:


naa 1st year salary anta contribute chesa I mean.
...
 

Siloan
Legend
Username: Siloan

Post Number: 56654
Registered: 03-2008
Posted From: 132.174.20.41

Rating: N/A
Votes: 0 (Vote!)

Posted on Tuesday, June 05, 2018 - 12:37 pm:       


Gotcha:

maa company lo i can contribute as much as I want. ee year naa salsary anta contribute chesa 401k ki



kaani 18500 varake kada untaxabul? rest daaniki tax katti contributed?
 

Mrhyderabad
Hero
Username: Mrhyderabad

Post Number: 13263
Registered: 01-2008
Posted From: 47.187.14.16

Rating: N/A
Votes: 0 (Vote!)

Posted on Tuesday, June 05, 2018 - 12:37 pm:       


Biggboss:


answer choosara, Employer cannot limit employee's contributions ani undhi


next point kuda choodandi
Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein
 

Maverick
Legend
Username: Maverick

Post Number: 68610
Registered: 01-2008
Posted From: 98.225.2.157

Rating: N/A
Votes: 0 (Vote!)

Posted on Tuesday, June 05, 2018 - 12:37 pm:       


Gotcha:

maa company lo i can contribute as much as I want. ee year naa salsary anta contribute chesa 401k ki


idemiti? solo401k? daniki limit undiga
There's a cacophony in the truth, A melody in lies and it accompanies one on every journey, From the lows to the highs
 

Gotcha
Legend
Username: Gotcha

Post Number: 30032
Registered: 02-2008
Posted From: 172.87.48.134

Rating: N/A
Votes: 0 (Vote!)

Posted on Tuesday, June 05, 2018 - 12:37 pm:       

maa company lo i can contribute as much as I want. ee year naa salsary anta contribute chesa 401k ki
...
 

Biggboss
Side Hero
Username: Biggboss

Post Number: 4048
Registered: 08-2017
Posted From: 73.241.241.99

Rating: N/A
Votes: 0 (Vote!)

Posted on Tuesday, June 05, 2018 - 12:35 pm:       


Maverick:

yes looks like

https://money.stackexchange.com/questions/18861/can-my-emplo yer-limit-my-maximum-401k-contribution-amount-below-the-irs- limit




answer choosara, Employer cannot limit employee's contributions ani undhi
 

Mrhyderabad
Hero
Username: Mrhyderabad

Post Number: 13262
Registered: 01-2008
Posted From: 47.187.14.16

Rating: N/A
Votes: 0 (Vote!)

Posted on Tuesday, June 05, 2018 - 12:35 pm:       


Maverick:

for me its capped at 7.5% of base.


that's not bad right? you can still save above 10-12k.. only lose tax break on 6-7k

Does the company match up to 7.5% also?
Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein
 

Maverick
Legend
Username: Maverick

Post Number: 68609
Registered: 01-2008
Posted From: 98.225.2.157

Rating: N/A
Votes: 0 (Vote!)

Posted on Tuesday, June 05, 2018 - 12:31 pm:       


Siloan:

adhi kooda not company level anukunta...its iresh policy...highly compensated clause lo


yes looks like

https://money.stackexchange.com/questions/18861/can-my-emplo yer-limit-my-maximum-401k-contribution-amount-below-the-irs- limit
There's a cacophony in the truth, A melody in lies and it accompanies one on every journey, From the lows to the highs
 

Siloan
Legend
Username: Siloan

Post Number: 56653
Registered: 03-2008
Posted From: 132.174.20.41

Rating: N/A
Votes: 0 (Vote!)

Posted on Tuesday, June 05, 2018 - 12:30 pm:       


Maverick:

hey say high pay cap need to be set when the company manages 401k funds



adhi kooda not company level anukunta...its iresh policy...highly compensated clause lo
 

Maverick
Legend
Username: Maverick

Post Number: 68608
Registered: 01-2008
Posted From: 98.225.2.157

Rating: N/A
Votes: 0 (Vote!)

Posted on Tuesday, June 05, 2018 - 12:28 pm:       

yes, its possible..welcome. for me its capped at 7.5% of base. they say high pay cap need to be set when the company manages 401k funds. the reason they gave is ours is a manufacturing firm and you need to compensate for the low paying jobs. khandinchali tappadu
There's a cacophony in the truth, A melody in lies and it accompanies one on every journey, From the lows to the highs
 

Siloan
Legend
Username: Siloan

Post Number: 56651
Registered: 03-2008
Posted From: 132.174.20.41

Rating: N/A
Votes: 0 (Vote!)

Posted on Tuesday, June 05, 2018 - 12:24 pm:       

hmm ..ala ela kuduruddi
 

Mrhyderabad
Hero
Username: Mrhyderabad

Post Number: 13261
Registered: 01-2008
Posted From: 47.187.14.16

Rating: N/A
Votes: 0 (Vote!)

Posted on Tuesday, June 05, 2018 - 12:24 pm:       

for some complicated reason (irs test failure), maa company vaallu 401k limit ni 5500 ki reduced anta.. even though federal limit is 18,500

Anyone else in the same boat with your org?

Now option is to invest in variable annuity or life insurance to receive company match

but these 2 options lo you don't get tax break right now because they are tax deferred

emito ee gola
Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein

Add Your Message Here
Post:
Bold text Italics Underline Create a hyperlink Insert a clipart image HASH(0x8cd3470){Movie Clipart}
Show / hide regular icons selection options

Click on following links to open cliparts by Alphabetical Order

 A   B   C   D   E   F   G   H   I   J   K   L   M  

N   O   P   Q   R   S   T   U   V   W   X   Y   Z  

Show / Hide Filmy icons selection options

Click on following links to open cliparts by Alphabetical Order

  A   B   C   D   E   F   G   H   I   J   K   L   M  

N   O   P   Q   R   S   T   U   V   W   X   Y   Z  

Username: Posting Information:
This is a public posting area. Enter your username and password if you have an account. Otherwise, enter your full name as your username and leave the password blank. Your e-mail address is optional.
Password:
E-mail:
Options: Enable HTML code in message
Automatically activate URLs in message
Action: