Elective Deferrals. Tax Treatment The amount that you may elect to contribute to your SEP-XXX is excludable from gross income, subject to the limitations discussed above, and is not includible as taxable wages on Form W-2. However, these amounts are subject to FICA taxes.
Appears in 9 contracts
Sources: Adoption Agreement (Premier Strategic Growth Fund), Adoption Agreement (Dreyfus Global Growth Fund), Adoption Agreement (Dreyfus Growth Opportunity Fund Inc)