Individual contribution limits to Qualified Retirement Plans do not include:

The correct choice is that individual contribution limits to Qualified Retirement Plans do not include catch-up employee deferrals. Catch-up contributions are additional contributions that individuals aged 50 or older are allowed to make to their retirement plans beyond the standard contribution limits. These contributions are designed to help older workers save more as they approach retirement age and are not counted toward the annual contribution limit.

Individual contribution limits typically apply to regular employee deferrals or contributions to retirement accounts, but catch-up contributions provide an additional opportunity for those who may need to increase their savings later in their working life. By allowing catch-up contributions, retirement plans provide a way for individuals to enhance their savings without impacting the basic limits set for general employee contributions.

In contrast, employee deferrals refer to the standard contributions made by employees, while employer matching contributions and employer profit-sharing contributions are made by the employer and are usually considered separate from the employee's own contribution limits. Catch-up contributions thus stand apart as a provision intended specifically for individuals nearing retirement, acknowledging their unique financial needs.