Addendum.
The Tax Clinic item, "New Planning Strategies with Retirement Plans" TTA TTA Telecommunications Technology Association (Korea)
TTA Teacher Training Agency (UK)
TTA Triangle Transit Authority (Raleigh/Chapel Hill/Durham, North Carolina, USA) , Nov. 2002, p. 700, explains the changes to the profit-sharing-plan contribution limits after the Economic Growth and Tax Relief Reconciliation Act of 2001. While the maximum contribution amounts have increased, the profit-sharing profit-sharing
Noun
a system in which a portion of the net profit of a business is shared among its employees
profit-sharing n → participación f de empleados en los beneficios deduction deduction, in logic, form of inference such that the conclusion must be true if the premises are true. For example, if we know that all men have two legs and that John is a man, it is then logical to deduce that John has two legs. still has an overall corporate limit of 25%, under Sec. 404.
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