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Get your taxes done using TurboTax
That's the problem. The error message that I get says "The maximum salary deferral retirement plans for 2024 is $30,500." It then points me to "Read IRS Publications 560 Retirement Plans for small business". TurboTax categorizes the deferral as a deferral into Retirement Plans into a small business and not into a 403(b).
March 5, 2025
4:11 AM