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.

What is the maximum amount I can deduct for a plan year?

deduct maximum Plan year
0
10 Posted

What is the maximum amount I can deduct for a plan year?

0
10

You may elect to have up to $3,000 deducted from your pay if you will be a participant for the full calendar year. If you are a new contractor and will not be eligible for the full year, your maximum amount will be prorated based on the number of months of actual participation.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123