Treasury Regulations (26 C.F.R.)
26 CFR § 1.402(g)-2
Increased limit for catch-up contributions.
# (a) General rule.
Under section 402(g)(1)(C), in determining the amount of elective deferrals that are includible in gross income under section 402(g) for a catch-up eligible participant (within the meaning of § 1.414(v)-1(g)), the otherwise applicable dollar limit under section 402(g)(1)(B) (as increased under section 402(g)(7), to the extent applicable) shall be further increased by the applicable dollar catch-up limit as set forth under § 1.414(v)-1(c)(2).
# (b) Participants in multiple plans.
Paragraph (a) of this section applies without regard to whether the applicable employer plans (within the meaning of section 414(v)(6)) treat the elective deferrals as catch-up contributions. Thus, a catch-up eligible participant who makes elective deferrals under applicable employer plans of two or more employers that in total exceed the applicable dollar amount under section 402(g)(1) by an amount that does not exceed the applicable dollar catch-up limit under either plan may exclude the elective deferrals from gross income, even if neither applicable employer plan treats those elective deferrals as catch-up contributions.
# (c)
Effective date—(1) Statutory effective date. Section 402(g)(1)(C) applies to contributions in taxable years beginning on or after January 1, 2002.
(2) Regulatory effective date. Paragraphs (a) and (b) of this section apply to contributions in taxable years beginning on or after January 1, 2004.
[T.D. 9072, 68 FR 40515, July 8, 2003]
Source: view the official text
In this part (40 sections)
- 1.401(l)-3 · Permitted disparity for defined benefit plans.
- 1.401(l)-4 · Special rules for railroad plans.
- 1.401(l)-5 · Overall permitted disparity limits.
- 1.401(l)-6 · Effective dates and transition rules.
- 1.401(m)-0 · Table of contents.
- 1.401(m)-1 · Employee contributions and matching contributions.
- 1.401(m)-2 · ACP test.
- 1.401(m)-3 · Safe harbor requirements.
- 1.401(m)-4 · Special rules for mergers, acquisitions and similar…
- 1.401(m)-5 · Definitions.
- 1.402(a)-1 · Taxability of beneficiary under a trust which meets the…
- 1.402(a)(5)-1T · Rollovers of partial distributions from qualified…
- 1.402(b)-1 · Treatment of beneficiary of a trust not exempt under…
- 1.402(c)-1 · Taxability of beneficiary of certain foreign situs trusts.
- 1.402(c)-2 · Eligible rollover distributions.
- 1.402(d)-1 · Effect of section 402(d).
- 1.402(e)-1 · [Reserved]
- 1.402(f)-1 · Required explanation of eligible rollover distributions;…
- 1.402(g)-0 · Limitation on exclusion for elective deferrals, table of…
- 1.402(g)-1 · Limitation on exclusion for elective deferrals.
- 1.402(g)-2 · Increased limit for catch-up contributions.
- 1.402(g)(3)-1 · Employer contributions to purchase a section 403(b)…
- 1.402A-1 · Designated Roth Accounts.
- 1.402A-2 · Reporting and recordkeeping requirements with respect to…
- 1.403(a)-1 · Taxability of beneficiary under a qualified annuity plan.
- 1.403(a)-2 · Capital gains treatment for certain distributions.
- 1.403(b)-0 · Taxability under an annuity purchased by a section…
- 1.403(b)-1 · General overview of taxability under an annuity contract…
- 1.403(b)-2 · Definitions.
- 1.403(b)-3 · Exclusion for contributions to purchase section 403(b)…
- 1.403(b)-4 · Contribution limitations.
- 1.403(b)-5 · Nondiscrimination rules.
- 1.403(b)-6 · Timing of distributions and benefits.
- 1.403(b)-7 · Taxation of distributions and benefits.
- 1.403(b)-8 · Funding.
- 1.403(b)-9 · Special rules for church plans.
- 1.403(b)-10 · Miscellaneous provisions.
- 1.403(b)-11 · Applicable dates.
- 1.403(c)-1 · Taxability of beneficiary under a nonqualified annuity.
- 1.404(a)-1 · Contributions of an employer to an employees' trust or…