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re: Can someone explain the highly compensated employee 401k rule

Posted on 6/29/15 at 11:05 pm to
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 6/29/15 at 11:05 pm to
quote:

It's supposed a way to make sure companies aren't offering 401ks to only the top earners. However, if the low earners aren't taking advantage of the 401k, then the HCE's get screwed.


This. I see the point but every year I take it up the arse due to this rule.
Posted by jmh5724
Member since Jan 2012
2151 posts
Posted on 6/29/15 at 11:07 pm to
What's really mind boggling is my roth contributions are combined with my pretax for a 12% total.
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