Localfund.com - All about Fund and Investment
*Home>>>Pension Fund

Limitation for married couples if one has a fully funded pension plan?


Is there a limit to a contribution a spouse can make to a company sponsored 401(k) plan if her husband (sole owner of an S corporation) has a fully funded pension plan (SEP) through his S corporation?

There are no limits on a 401(k) contribution based on pension plans in which a spouse participates. She can make the maximum 401(k) plan contribution.

The spouse is not limited in her contribution to her 401K because of the husband'sw SEP

Tags
  Private Investment   Private Equity   Private Capital   Personal Investment   Pension Fund   Pecunix   Online Investment   Online Business
Related information
  • Has anyone experience on rolling over a 401k plan from the USA to a complying Australian superannuation fund?

    Can't roll a 401k out of country. It's taxable income to the US Govt. They won't let that money disappear. Otherwise you'd have people rolling into countries where there is li...

  • What is the penalty for cashing out state pension contributions?

    HR wouldn't know much about taxes anyway. If your plan is a defined contribution plan then taking an early distribution is taxed a ordinary income plus a 10% penalty tax plus whatever MA do...

  • How do I cash in my UK pension before age 55?

    It will cost you an arm and a leg, dont; do it!!! For god's sake do not even for one minute consider such a move.

    ...
  • I have the opportunity to receive pension funds from a former employee of my late husband.?

    Take all of the money now ! COLA should only apply if you choose to leave the money with them, but either way choose the option that gets you the most money today and then take that money and go to...

  • When must an employer distribute pension funds to a terminated employee from a defined benefit trust?

    This all depends on the plan document and the present value ("today's price" for all future payments, which varies dramatically with your age). If the present value is more than a c...

  • Looking for inf on pension funds after a company is closed? Where can I search?

    Are you in the UK or the US? If in the UK, here is a news release and contact numbers at the bottom, call them: ...

  • How do private pension funds operate?

    Good question. Very good question in view of recent history. The answer depends on what country you are talking about, and whether you mean corporate (i.e., employer-run) funds or totally private f...

  • What is pension funds?

    A pension fund is formed by an organization like a company where the employees and employer make contributions from their wages or salaries into a pooled fund. The pension fund money is normally...

  •  

    Categories--Copyright/IP Policy--Contact Webmaster