Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How much can an employer contribute to a Money Purchase Plan each year?

April 26, 2017contribute employer money Plan purchase year

0

Posted

How much can an employer contribute to a Money Purchase Plan each year?

1 Answer

0

Posted

The employer makes all contributions. For 2001, IRS rules permit employers to contribute up to the lesser of 25% or $35,000, and for 2001, the lesser of 100% of compensation or $40,000 per eligible participant.