Welcome to the Plantation. St. George Plantation Owners' Association is a private, gated community located on the west end of St. George Island, Florida. The Plantation is a special balance of nature and wildlife, pristine beaches and beautiful homes, social activities and solitude.
A 401(k) plan is simply a profit sharing plan with a provision allowing employee salary deferrals. Most 401(k) plans provide employer matching contributions based on a participantâs contribution, with an additional option for a profit sharing allocation.
Cooper's NTC amount is $10,500 which means Cooper can make salary sacrifice voluntary contributions into an Accumulation account of up to $19,500 without exceeding the cap (2015/2016 financial year). Special rules may apply if you were a Defined Benefit account member at 12 May 2009.f you exceed the cap, you can withdraw up to 85 per cent of your excess contributions (for a financial year) from your super. Any excess contributions that you leave in your super will count towards your non-concessional contributions cap.