Assertion: contribution | /r/HasProperty | elective
Facets:
Source sentences:
text: In all three variations above, even though the money goes into the plan pre-tax, it does not count against the 401(k)/403(b) contribution limit ($19,500 in 2020), because the contribution isn’t elective.
text: The contributions you make to a 401(k) plan through payroll deductions are called elective deferrals.