401(k) contribution limit --- is it 16,400 including the employer match? (50+, state)
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16,500 for EE contributions but you need to know what type of plan your employer offers in order to determine the previously stated $5,500 additional "catch up" contribution. It depends on the type of plan. See the HR rep at your employer to get the answer. You don't want to end up in a situation where you receive a refund for over-frunding your account. Not an ugly thing, just a hassle.
Depending on the size of the employer, if you have online access to choice of investment contributions/percentages, you will not be allowed to contribute a catch-up if your employer plan doesn't provide for this. My former employer had its 401k for employees at Schwab which allowed contributions and catchup contributions as online choices.
Maximum Total 401k contribution per an individual is $49,000.
Maximum from individuals earning is $16,500.
Maximum from employer is $32,500.
If you are 50+, you can put in an additional $5,500 from personal earnings.
These limits are across all your 401Ks. Ideally, you want to get as close to $49,000 as you can afford in your 401k every year.
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