YOU SHOULD KNOW:
Maximum Annual ContributionsThe lesser of 25% of first $260,000 compensation or $52,000.
Tax-Deductible ContributionsEmployer contribution is tax deductible.
Rollover or TransferYes
Employer-sponsored IRA. Employer makes salary deferral contributions and employer makes matching contributions.
Maximum Annual Contributions$12,000 employee salary deferral. Employer matches employee contributions up to 3% of salary.
Catch-up ContributionsAge 50 and over can contribute $2,500
Tax-Deductible ContributionsOnly employer contribution is tax deductible.
Rollover or TransferYes, but only after 2 years of the initial contribution.