Originally Posted by
JTwift
read it again. You won’t max it solely on company contributions because of the IRS limit. You can’t max it now, either, because of that.
19/20 % would just hit the company PRAP contribution sooner in the year.
Not quite. In 2024, if you made more than 345k, you would hit the 415C limit right at 20%. So, you could max the PRAP in that case on company contributions alone.