Total compensation
Total compensation(A) General rule. For purposes of this paragraph (d)(3), total compensation must be determined using a definition of compensation provided in paragraph (c)(2) of this section, either with or without the modification permitted by paragraph (c)(4) of this section. Thus, total compensation does not include prior-employer compensation or imputed compensation described in paragraph (f)(1) of this section (including imputed compensation for a period during which an employee performs services for another employer). Total compensation taken into account for each employee (including, if added, the elective contributions and deferred compensation described in paragraph (c)(4) of this section) may not exceed the annual compensation limit of section 401(a)(17).
(A)General rule.For purposes of this paragraph (d)(3), total compensation must be determined using a definition of compensation provided inparagraph (c)(2)of this section, either with or without the modification permitted byparagraph (c)(4)of this section. Thus, total compensation does not include prior-employer compensation or imputed compensation described inparagraph (f)(1)of this section (including imputed compensation for a period during which an employee performs services for another employer). Total compensation taken into account for each employee (including, if added, the elective contributions and deferred compensation described inparagraph (c)(4)of this section) may not exceed the annual compensation limit of section 401(a)(17).