| IRS RETIREMENT PLAN LIMITS | 2018 |
| Maximum Annual Contribution to an Individual’s Defined Contribution Account under §415(c) | $55,000 |
| Maximum Elective §401(k) and §403(b) Deferrals | $18,500 |
| 457 Deferral Limit | $18,500 |
| 401(k) and §403(b) Catch-Up Limit for Individuals Age 50 and Older | $6,000 |
| 414(q) Test to Identify Highly Compensated Employees | $120,000 |
IMPORTANT NOTICE
Due to the recent outbreak of COVID-19 (Corona Virus) for the safety and
health of our office and yourself, we will be closed to the public until
further notice in order to limit face-to-face interactions. If you are
dropping off a form, please feel free to slide it under the door. If you
have any questions or concerns, please call us at (619) 280-2009 or
submit a request via our contact form on this website.
NOTE: The deadline for CARES Act
distributions and loans is 12/30/2020 and has not been extended at this
time. Normal plan regulations for loans and distributions are back in
effect.
CALL US : (855) 958-4015