Beckham County, Oklahoma. Beckham County is a county located on the western border of the U.S. state of Oklahoma. As of the 2010 census, the population was 22,119. Its county seat is Sayre.
Implementing and funding a Cash Balance Plan could substantially increase tax-deductible contributions resulting in significant tax savings to business owners. Under a 401(k) profit sharing plan, the 2013 maximum deductible contribution for an individual is $51,000 (or $56,500 for individuals over the age of 50). However, when a Cash Balance Plan is combined with a 401(k) plan, the deductible contribution for an individual can exceed the 401(k) plan maximum by a sizeable amount.
-- Pat Plans. Dear Pat, The employer matching contributions don't count toward the maximum limits that you can contribute to a 401(k) plan. There is, however, a combined contribution limit of $53,000 for the employer and employee contributions in 2015. Also, in 2015, the employee's contribution limit is $18,000.- Pat Plans. Dear Pat, The employer matching contributions don't count toward the maximum limits that you can contribute to a 401(k) plan. There is, however, a combined contribution limit of $53,000 for the employer and employee contributions in 2015. Also, in 2015, the employee's contribution limit is $18,000.