View Single Post
Old 08-07-2023 | 11:20 AM
  #41  
Voski
Gets Weekends Off
 
Joined: Jul 2008
Posts: 610
Likes: 0
Default

Originally Posted by 744ButtonPusher
Keep in mind that IF the retro is allowed to be contributed to your 401k it would still be subject to the individual contribution and/or 415c limits so if you are someone who already maxes out your stuff , you won’t be Able to contribute any of your retro.


note: the limits considered would be for the respective tax year, so 2020 retro for 2020 limits ect not the current year.
Thank you -- and yes, good points to remember if it gets approved!
Reply