Originally Posted by
ThumbsUp
Just a clarification, there isn’t a cap on the PRAP per se, it’s on the amount that can be matched by an employer. So different percentages will raise or lower the amount that can be contributed. The only limit on the amount to the PRAP itself is the 415C limit.
It’s an important difference to understand particularly when negotiating.
70K combined and 59.5K for those that aren't able to, or choose not to, contribute to their PRAP in 2025. 46.5 max PRAP company contribution if the LOA passes. The Annual Compensation Limit in 401(a)(17) is an IRS cap.