How does a contribution qualify as a catch-up contribution?
Rev. 08/29/03, E-mail Alert 2003-16

2008 Article on Deferral Deposit Deadline

There are three ways an eligible participant (age 50 or older) can make an elective deferral contribution that qualifies as a catch-up contribution:

1. By contributing more than the §402(g) limit, or
2. By contributing more than a plan-imposed elective deferral limit, or
3. If the plan fails the Average Deferral Percentage (ADP) discrimination test, excess contribution amounts must be recharacterized as catch-up contributions if the participant is a catch-up eligible participant and has not made a catch-up contribution,. This recharacterization may be exceed the catch-up limit for the year.

4. Breaking the 415 annual additions limitation.