Originally Posted by
pilotgolfer
I think you still pay the social security portion of tax on the full profit share amount...even if you put it all into 401K.
I believe it was something like that, and if I remember right, it didn't count towards the cap in SS and medicare tax that we pay (110K ish). So I think I will end up paying a lot more SS and medicare tax than I would have had I not put it in the PDAP.