Originally Posted by
Albief15
8% (our rate) x 265,000.
The 53k would apply when you add in your 401k, sick leave buy back, etc. Your B fund will be $21,200 this year if you gross 265k. If you make 300k, its still $21,200 due to the limit. If you make 200k, its $16,000 (8% x 200,000).
My first year over $265,000, yet year to date contribution in MPP is $24,692.60...did anything else pay into the MPP? On was there an error overshooting the $21,200?