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Brown Cafe UPS Forum
UPS Discussions
A Update and some questions.
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<blockquote data-quote="Jackburton" data-source="post: 1446858" data-attributes="member: 34538"><p>While you think the company might be looking out for the employees, take a look at the "Actual Deferral Percentage" test for 401k's. In a nutshell, if a low percentage of "lower compensated" employees of a company fail to participate in a 401k plan, the "highly compensated" employees of a company are restricted on the amount they and the employer can contribute to their own 401k's.</p></blockquote><p></p>
[QUOTE="Jackburton, post: 1446858, member: 34538"] While you think the company might be looking out for the employees, take a look at the "Actual Deferral Percentage" test for 401k's. In a nutshell, if a low percentage of "lower compensated" employees of a company fail to participate in a 401k plan, the "highly compensated" employees of a company are restricted on the amount they and the employer can contribute to their own 401k's. [/QUOTE]
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A Update and some questions.
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