Can employees make voluntary contributions to the Plan?
Yes, a participant may make after-tax contributions to the Plan, subject to the following maximum IRS individual limit: For calendar year 2007, the total of all contributions made to the Plan each year either by you, or by your employer on your behalf, cannot in total exceed whichever is smaller: $45,000 or 100% of your annual salary.
Related Questions
- How will my voluntary contributions to the 403(b), 457(b) and DC Plan After Tax Plans be impacted by the furlough plan?
- How will voluntary contributions to the 403(b), 457(b) and DC Plan After Tax plans be impacted by the Plan?
- Are employees who participate in a Voluntary Separation Program subject to the Plan?