Keyword Analysis & Research: 401k limits 2000

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Is severance eligible for 401k?

The new guidance says that employees are eligible to contribute post severance compensation to their 401(k), 403(b) or 457 accounts under certain conditions. Post severance payments include sick, vacation and other leave as well as regular pay, commissions, overtime, shift differential pay, and bonuses.

Are profit sharing contributions right for your 401(k) plan?

Yet, despite their flexibility, profit sharing contributions are not a good choice for every 401 (k) plan. Matching contributions can be more effective in meeting certain 401 (k) plan goals. Further, not all employers will qualify for the most flexible types of profit sharing due to IRS nondiscrimination test limitations.

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