Originally Posted by
DeadStick
Isn’t $40.5k the max employer contribution for 2022? Several people on here are effectively double reporting their income…
Depends on age (over 50 gets another $6.5k) and whether or not you filled your portion ($20,500 for ‘22)
Max personal + company can’t exceed $61k for ‘22
Anything above that can be captured via another vehicle like a Top Hat plan or returned to you as Excess Benefit cash.