Does the max contribution limit include both me & my employer dollars, or just me?
2007-05-24 02:40:45 · 5 answers · asked by Bernard 2 in Business & Finance ➔ Investing
The $15,500 maximum is just your pre-tax dollars, and does not include any match provided by your employer.
2007-05-24 04:10:13 · answer #1 · answered by Anonymous · 0⤊ 0⤋
you may put in 17 grand a 300 and sixty 5 days. corporation tournament could make the account cost extra desirable. would not influence your max contribution of 17K. you won't prefer to max this out and placed some money right into a ROTH (at your age).
2016-11-26 22:49:35 · answer #2 · answered by Anonymous · 0⤊ 0⤋
401K's are complicated. Normally, companies match on a pretax basis up to 15% of salary. It is really dependent upon the plan. You can contribute more than that on after tax basis ( lets say your favorite great aunt died and left $25,000. Dependent on the plan, you could contribute that money to a 401K for investment.
2007-05-24 02:47:51 · answer #3 · answered by RichSTCharles 3 · 0⤊ 1⤋
Just yours.
2007-05-24 02:48:00 · answer #4 · answered by Judy 7 · 1⤊ 0⤋
Just you.
///
2007-05-24 02:47:55 · answer #5 · answered by SWH 6 · 1⤊ 0⤋