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June 4th, 2024
Information & Insights for the 403(b) Community
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Ask the Experts
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How Do Statutory Limits Work for Non-Calendar Year Plans?
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Q: I read your Ask the Experts column regarding Statutory Limits to Use for Non-Calendar Year Plans, but was confused as to whether a non-calendar year plan is required to use the plan year in limiting compensation to the 401(a)(17) limit, or could use a calendar year or other 12-month period to make this determination. Can the Experts clarify?
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