Originally Posted by
tennisguru
The one-time payment is not pensionable by the company and you cannot contribute any of it to your 401k, but it also does not count against the income limit (330k?) for 401k contributions. Because of this I would think there is no need for an election tool.
I guess I missed something. We can’t put our own money from the one time payment into our 401k? Where did you see this? Was there a reason?