Welcome to the Plantation. St. George Plantation Owners' Association is a private, gated community located on the west end of St. George Island, Florida. The Plantation is a special balance of nature and wildlife, pristine beaches and beautiful homes, social activities and solitude.
A 401(k) plan is simply a profit sharing plan with a provision allowing employee salary deferrals. Most 401(k) plans provide employer matching contributions based on a participantâs contribution, with an additional option for a profit sharing allocation.
Yes. You may participate in both a 403(b) and a 401(k) plan. However, certain restrictions may apply to the amount you can contribute.For instance, you are allowed to make a salary deferral contribution of up to $15,500 for 2007.The combined total salary deferral contribution that you make to both the 401(k) and the 403(b) plans should not exceed $15,500.he combined total salary deferral contribution that you make to both the 401(k) and the 403(b) plans should not exceed $15,500.