You may be aware that you (and your employees) can only contribute up to a certain dollar amount each year, but did you know that as a Highly Compensated Employee you may be even further restricted from contributions?  And were you aware that there are limits to both how much the employee AND the employer may contribute?

Our 6-minute podcast on this topic can be found by clicking on the following link:

Retirement Plan Podcast Series #3: 2020 Retirement Plan Contribution Limits

If you or your employees have questions on how much can be contributed to the retirement plan, we encourage you to reach out to the Team at DirectAdvisors to discuss further.  We can be reached by phone at 518-362-2119, or by e-mail at [email protected]