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401 (a) Maximum

Hunter1Hunter1 808 Posts
in Benefits & Leave Vote Up0Vote Down
What are the limits to contributions an employer may make to a 401(a) pension system, and are they combined with other pension contributions?
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  • 2 Comments sorted by Votes Date Added
  • NaeNae55NaeNae55 3,243 Posts
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    So far you aren't getting much help are you?

    I don't know what a 401(a) is and how it is different from the 401(k) that we have, but I would expect your limits to be in your plan document. If not, you should check the IRS website. I have found the limits for defined contribution plans there before, so you should be able to find them. (I believe the IRS has the same limits on all defined contribution plans, but that is just my guess.)

    Good luck!
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  • POPEYEPOPEYE 958 Posts
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    If my memory serves me correctly, a 401(a) is for the public sector. Participation is mandatory when an EE becomes eligible under the plan guidelines but there are generally different tiers of participation by the EE and that is matched by different % by the ER. Other than that I'm not sure of any limits placed on contributions.
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