HW "Skip" Weldon wrote:
- quote -

I am no authority, but I checked on this with my company's HR office
and was told that the 10% of salary that they contribute to my account
does not count towards the $14,000 limit of my 403b contributions (even
though all the money ends up in the same Fidelity account). So this
year I am on track to save a combined total of about $21K in my 401a
(7K) and 403b (14K). I sure hope this is ok cause I am doing it as we
speak ;-)

Andy

I am a little squishy on my understanding here, so would appreciate
comments. Here's what I think:

1. Pre-tax employer contributions to a qualified plan are subject to
Section 415 Rules (max $42,000). This includes contributions to 401a
and matching contributions to 401k/403b.

2. Pre-tax employer contributions above do not reduce max allowed
employee 401k/403b/457 contributions.

Any corrections to above most appreciated.


Question:

How do employer contributions to a non-qualified deferred comp plan
fit in the above? (Such contributions are pre-tax to participant.)



-HW "Skip" Weldon
Columbia, SC