View Single Post
  #20  
Old 09-30-2008, 05:32 PM
motordavid's Avatar
motordavid motordavid is offline
RetiredBum & Semi-RenaissanceMan
 
Join Date: Mar 2005
Location: Mtns of Western NC, & SW FLA
Posts: 16,830
motordavid will become famous soon enoughmotordavid will become famous soon enough
Quote:
Originally Posted by realchef
Call and check your 401k limits tooo.....
as a highly compensated employee your 401k has lowered levels as well.
I could not believe it.
That is correctomundo; sort of a funny calculation based on "participation"
and "participation $ amounts" by the rank and file, from memory.

Many companies skate around it a bit by letting the higher comp'd
mgrs, et al, contribute their max, sooner in any given year; at least
that gets your max dough in and woikin, sooner in the calendar year.
That's what we did...

Statute of limitations is up, I think.
Reply With Quote

Sponsored Links