Explore the 1,000’s of tax questions answered by professionals.

Back to

QUESTION DETAIL

Related User

Votes

What is the maximum contribution to a qualified 403b plan that I can make for 2012?


ANSWER


The BIDaWIZ Team's Answer:

Employees can contribute he smaller of: 1) $17,000, or up to 100% of includable compensation or for those with employer matches or other employer contributions, limits are $50,000 or 100% of compensation (whichever is less). Note: the employee is still limited to the employee elective deferral limit ($17,000 for 2012). An employer can add up to another $33,000. In addition, if you are 50 or older at any time during 2012, you may contribute an additional $5,500.

The BIDaWIZ Team

 

 

  • Currently 4.6190/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
1547 Ans.

COMPANY INFORMATION




We do not offer or provide any investment advice or services or opinion regarding the nature, potential, value, suitability or profitability of any particular security, portfolio of securities, transaction or investment strategy.

Copyright © 2024 BIDaWIZ, Inc. Privacy Policy | Terms & Conditions