- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Dammit - I got an unexpected $3000 check in the mail
Posted on 4/6/14 at 5:15 pm to tirebiter
Posted on 4/6/14 at 5:15 pm to tirebiter
quote:
In 2012 they capped him at $8k annual contributions and he definitely is not a HCE
This may be a different issue where they can only defer a certain percentage of salary, say 20%. That was common at one point. Now most plans allow up to 80% of salary deferral. This is done also to allow Lower wage employees a better chance of hitting the government established contribution limitations.
If they limited your friend based on other employee contribution percentages he is a HCE or is family to the owner or is an owner. No other way they can limit him.
This post was edited on 4/6/14 at 5:20 pm
1
Posted on 4/6/14 at 5:43 pm to tigers win2
quote:
If they limited your friend based on other employee contribution percentages he is a HCE or is family to the owner or is an owner. No other way they can limit him.
In his firm he is considered HCE, in the general work force no way he would be considered that, especially with 20+ years experience. They have too many low paid FT employees.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News