Returns the U.S. Social Security Wage Base as of the first day of the plan year that is specified in the DC Allocation.

Syntax:

#SSWB

Examples:

#SSWB equals 142,800 for a plan year beginning in 2021.

If a Non-elective contribution is defined as 3% of pay up to the Social Security Wage Base and 4% of pay in excess:

[(#SALARY #MIN #SSWB) * 0.03] + [(#SALARY #ZMINUS #SSWB) * 0.04]

Related Operators:

#MAXSAL 401(a)(17) Maximum Compensation as of first day of plan year

#DEFLIM  402(g) Deferral Limit as of first day of plan year

#CATCHUPLIM 414(v) Catch-up Limit as of first day of plan year, or zero if not eligible for catch-up

#CONTLIM 415(c) Defined Contribution Limit as of first day of plan year