Originally Posted by
Busboy
Seriously? You don't know that our 8% B fund contributions stop when you reach $265K?
The defined contribution limit is $53,000 in 2016. So, the only way to reach that limit , with just B plan contributions, would be to have a 20% B plan.
The defined contribution limit, $53,000, includes B plan, RSP, after tax, company match and sick bank overage contributions.
If you're 50, you get an additional $6,000 to the limit.
Nope didn't know. Never close to 265. Although thanks to voting yes I am a lot closer this year.
Last edited by FDXLAG; 07-01-2016 at 11:09 AM.