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Old 12-23-2022 | 12:30 PM
  #155  
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Joined: Mar 2018
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Originally Posted by DeadStick
Isn’t $40.5k the max employer contribution for 2022? Several people on here are effectively double reporting their income…
No, the max pertains to the amount of income to which the company can apply their DC. For 2022 that was $305k. So you have to multiply your DC% by that to figure out the maximum company contribution. Most companies have cash on cap or some other vehicle to pay out the amounts above $305k, though.
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