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jane123

Oct 31 2005, 04:24 PM

QUOTE

Contributions after retirement. Nonelective contributions may be made for an employee for up to five years after retirement. These contributions would be based on includible compensation for the last year of service before retirement.

From IRS Publication 571.

Is there any circumstances where this can be extended to 10 -years?

Michael Devault

Nov 1 2005, 07:50 AM

I don't believe so. The five year period is written in the law in section 403(b)(3), which defines includible compensation.

jane123

Nov 1 2005, 08:09 AM

Thanks-very much

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