[QUOTE=ShyGuy;3530473]Am I correct to read that the company 16% is only on the first 306K, and that anything over that will result in a one-time payout on Dec 31 as additional money? If so, then for a lot of CAs is that 33 grand check mean another $5,280 on Dec 31 as ER Contribution AS Pilot? Don't know if I did that correctly. I took it to mean if you make above 306k, you’re getting another 16% as normal cash.[/QUOTE
306,000 is an IRS limit….Changes every year. There is an adjustment at the end of the year for that. Not in that plan so have never seen it but I hear about it. The term might be “cash over cap”