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EE (Employee's Contribution) and ER (Employer's Contribution) amounts refer to the contributions made by an employee and employer, respectively, towards social security, retirement, or other benefits programs. These amounts are typically calculated as a percentage of the employee's salary and are important for funding these programs and providing benefits to employees.

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1y ago

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What is ee amount in pf?

ER Stands for the Employer Contribution in your PF Amount.


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The return from employee (EE) and employer (ER) contributions in a retirement plan is typically calculated based on the investment performance of the fund where these contributions are allocated. The EE amount refers to the portion of the contribution made by the employee, while the ER amount is what the employer contributes on behalf of the employee. Both amounts grow over time through interest, dividends, and capital gains, depending on the investment options chosen. The total return is then determined by the overall growth of the investment portfolio, which is usually expressed as a percentage of the total contributions made.


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If your profit sharing plan allows for employee contributions, then those are capped at $16,500 for EE money. The total amount of contributions (ER and EE) is capped at $49,000 indexed for inflation.


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