401k contribution
If a sub s owner has a 401k plan and wants to
make a profit sharing contribution, is it based on gross salary
or gross salary net employee deferral
If a sub s owner has a 401k plan and wants to
make a profit sharing contribution, is it based on gross salary
or gross salary net employee deferral
Permalink Submitted by Alan - IRA critic on Wed, 2020-09-30 20:24
It depends on the plan’s definition of compensation for employer contribution purposes.