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Does Imputed Income (relating to life insurance) effect % based 401k contribution?
Does Imputed Income (relating to life insurance) effect % based 401k contribution? Does Imputed Income (relating to life insurance) effect % based 401k contribution? I am noticing that it does, despite it not actually being “cash” compensation that would end up in take home pay. Example. Gross Income (Taxable)$1000 Imputed Income (Taxable) $5 Additional Income (Non-taxable) $100 401k contribution (%): 20% … my question: 401k...
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