Sorry, having a brain fart.
I have an LLC
I'm on the page 'Your Retirement Contributions' in TT. The different fields are...
Individual 401K $30,000 (Ok, that's what I've contributed so far, including catch up for being an old geezer.)
Maximum Allowed to Qualified Plans $47,807 (Probably TT calculates this.)
Amount to Contribute by Plan Due Date $17,807 (To get to $47,807 I assume.)
Employer Match $29,675
So how much extra can I put in added to the $30,000? $17,807 plus $29,675 or....?
I will refer to past TT files but thought I'd try to get some understanding here first.
I have an LLC
I'm on the page 'Your Retirement Contributions' in TT. The different fields are...
Individual 401K $30,000 (Ok, that's what I've contributed so far, including catch up for being an old geezer.)
Maximum Allowed to Qualified Plans $47,807 (Probably TT calculates this.)
Amount to Contribute by Plan Due Date $17,807 (To get to $47,807 I assume.)
Employer Match $29,675
So how much extra can I put in added to the $30,000? $17,807 plus $29,675 or....?
I will refer to past TT files but thought I'd try to get some understanding here first.
Statistics: Posted by Caliscotsman — Tue Apr 09, 2024 1:53 pm — Replies 1 — Views 34