Sentences with phrase «elective deferrals up»

Elective deferrals up to 100 % of compensation («earned income» in the case of a self - employed individual) up to the annual contribution limit

Not exact matches

By comparison, SEP accounts don't allow for employee elective deferrals and catch - up contributions, but they do allow for total annual contributions of $ 54,000.

In fact, as an employee, you can make elective deferrals of up to $ 18,500 for 2018.

The first is to match the amounts that each employee makes toward his or her own elective - deferral contribution up to 3 % of the employee's annual compensation.

For those over 50, the limit on pretax elective deferrals will rise from $ 20,000 to $ 20,500 ($ 15,500 plus $ 5,000 in catch - up contributions).

SEP - IRA plans do not allow «elective» deferrals, but an employer (or a self - employed individual) may contribute up to 25 % of an employee's (or their own) income as non-elective deferrals up to a max of $ 53,000.

You can make an elective deferral — that's what they call your 401 (k) contribution — of up to $ 18,000 (or $ 24,000 if you're 50 or older.)

If allowed by their particular 401k plan, participants who turn 50 before the end of the calendar year can also contribute an additional $ 6,000 to the plan, via catch - up contributions, for a total of $ 24,000 in elective deferrals.

You may make an elective deferral of up to $ 18,000 ($ 24,000 if you are age 50 or older) per year.