Originally Posted by
Salerio
I had heard third-hand that you guys got the stock as pay (taxable) and I was scratching my head. It makes more sense in a retirement account. But wouldn't a big chunk of stock like this put you over the yearly IRS limits? I don't remember what they are, but I thought you couldn't put more than $45,000 or so away for the year.
Google IRC 415(c) for any given year. It will show you the qualified contribution limit for that year. What happens to any contributions that the company can't make because you've reached the limit is determined by what you've negotiated and the plan.