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Full Version: ESOP Catchup Contributions?
BenefitsLink Message Boards > Retirement Plans > Employee Stock Ownership Plans (ESOPs)
HarveyC
If the maximum 25% of payroll contribution is not made in a given year, can the contribution be more than 25% in a following year?
stephen
No the plan cannot currently carryforward unused contributions amounts. Many years ago this was an option and I suppose if the plan still has carryforard available they may be able to use it now.
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