Help for 401k Plan Sponsors, Small Business, Employee and 401(k) Rules   


FAQ - ANSWER

What is the contribution limit for employee's in Puerto Rico?

Answer: Puerto Rico limits an employee's pre-tax elective contributions to the lesser of 10% of compensation or $8,000, whichever is less. The $8,000 limit is not indexed for inflation. Catch-up contributions are not permitted.

LEARN EVEN MORE WITH THE ENCYCLOPEDIA OF PERSONAL FINANCE. CLICK HERE!

 


Press Center | Glossary | Privacy Policy | Terms of Use | Contact Us
by 401khelpcenter.com, LLC