Sentences with phrase «certain maximum contribution»

The account balance can grow without limitation, but contributions aren't allowed once the account balance reaches a certain maximum contribution limit, often over $ 300,000, depending on the ABLE plan.

Not exact matches

Some companies restrict the maximum contribution per pay period to a certain percentage of the employee's pay, and might not be flexible enough to allow very large contributions to «top off» the max for the year.

Every single dollar that I contribute into my HSA every year is deductible on the front of my personal 1040 tax return (up to certain annual limits imposed by the IRS — for 2010 the maximum deductible HSA contribution is $ 3,050 for singles and $ 6,150 for families with those age 55 or over getting an extra $ 1,000 allotted maximum contribution amount).

You don't have to pay SG for your employee's earnings above a certain limit, called the maximum contribution base.