Under the employee contribution rules for past service contributions while not a contributor on and after 1991 for service prior to 1990, a maximum of $3,500 may be deducted per year for contributions that were made for years of service prior to 1990. The overall limit is $3,500 times the number of years of pre-1990 past service. Contributions that cannot be deducted in the year can be carried forward.
Allan Madan, CPA
April 4, 2013




