The Motley Fool Discussion Boards
Education, Jobs & Professions / Self-Employed Fools
|Subject: Re: S-Type Corp Retirement Plans||Date: 12/21/2004 3:18 PM|
|Author: BillyBarueFool||Number: 10898 of 14998|
I'm no expert - but here's my thought:
Your distributions would NOT show on your W-2. Therefore - I do NOT think they would count.
So I'd expect your salary to be the only contributing factor. In other words - the 25% profit sharing for the company contribution could only be calculated on your salary.
But I'd guess your plan administrator or tax advisor could provide a definitive answer.
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|