Roth 401(k) salary deferrals are not tax deductible but contributions and earnings have the potential to grow tax deferred and may be eligible for income tax free withdrawals if held for five years and withdrawn after age 59½. Your plan may allow you to allocate part or all of your employee deferral to a Roth 401(k). Employees can make pre-tax contributions.Employers can deduct contributions from federal taxable income.The total combination of employer and employee (salary deferral) contributions may not exceed $61,000 ($67,500 if age 50 or older) for 2022.Employee (Salary Deferral): Up to the lesser of 100% of compensation or for a maximum of $20,500 ($27,000 if age 50 or older) for 2022.Employer: Profit sharing and match: Up to the lesser of 25% of compensation or $61,000 including employee contributions for 2022.Employee eligibility requirements are set at the time the plan is established.
Eligibility to ContributeĬompanies of all sizes and structures can offer this type of retirement plan. Autodesk reserves the right to alter product and services offerings, and specifications and pricing at any time without notice, and is not responsible for typographical or graphical errors that may appear in this document.When considering a 401(k) plan for employees, keep in mind this flexible plan offering provides the highest level of employee pre-tax or Roth contributions, a wide range of employer contribution options, and an optional loan provision. All other brand names, product names, or trademarks belong to their respective holders.
PRICES FOR AUTODESK SOFTWARE ARE SUBJECT TO CHANGE.Īutodesk, and AutoCAD are registered trademarks of Autodesk, Inc., and/or its subsidiaries and/or affiliates in the USA and/or other countries. This offer may not be combined with any conditions or discounts offered under the Major Account program.ĪUTODESK RESERVES THE RIGHT TO CANCEL, SUSPEND OR MODIFY PART OF OR THESE ENTIRE PROMOTIONS AT ANY TIME WITHOUT NOTICE, FOR ANY REASON IN ITS SOLE DISCRETION. This promotion is not valid for product licenses purchased through the Autodesk Employee Purchase Program. Products must be purchased from Autodesk online store and the applicable discount will automatically appear in your cart.Įducational licenses including new, upgrades and migrations, and education-to-commercial transfers do not qualify. This offer is available from 11/1/20 through 4/30/22 in the 50 United States and Canada and may not be combined with other rebates or promotions and is void where prohibited or restricted by law. A total of 50 new seats may be purchased at this discounted price. Products available through the Autodesk eStore under this promotion include 5 seat bundle of AutoCAD LT. This promotion offers a 20% discount off the Suggested Retail Price (SRP) for purchases of 5 new 1-year or 3-year subscriptions to AutoCAD LT, purchased as a bundle, excluding taxes.