Sentences with phrase «about elective deferrals»

this question isn't about the elective deferrals that the employee pays and is subject to the $ 18,000 limit, it is about the «Employer nonelective contributions» which is subject to the $ 53,000 limit and 25 % of employee pay.

Refer to Publication 525, Taxable and Nontaxable Income, for more information about elective deferrals.