Originally Posted by
connollc
Question for clarification…if/when one reaches the 415c limit of $66,000 (2023) before the end of year, any company contributions are also then dispersed as DPSP excess cash, correct? So there are two limits to reference wrt DPSP excess, the 415c limit and the income limit of $330,000.
16% of $330,000 is $52,800. 20% of $330,000 is $66,000 should we get that as a DC. You will not exceed the limit unless you make individual contributions that exceed the difference. Some people front load the 401k to force excess cash. There’s an ALPA R&I email out that explains it. I got it today.