4 ms·

The federal max is 17.5k (or 23k if one is over 50), as of http://taxes.about.com/od/retirementtaxes/qt/401k-contribution-limits.htm http://taxes.about.com/od/r

• tunesmith 13y ago
  That's for deferral, not matching. I think 100k would mean, you can defer 17.5 (so 82.5 is subject to federal tax, and 100k is subject to fica), and then up to 25% of salary can be subject to matching. Although maybe some employers just stick to matching the deferral?
  • toast0 13y ago
    The match is almost always on the deferral amount. So a 50% match is up to $8,750 extra with the current limit (subject to vesting!) There are other options for an employer to contribute. The total contribution limit (including deferred income) to a given employer's plan is $52,000 for 2014. Salary deferral is limited across all employers, but if you have multiple employers contributing on a non-deferral basis, then it seems you can go over the $52,000 limit http://www.irs.gov/Retirement-Plans/Plan-Participant,-Employee/Retirement-Topics---401(k)-and-Profit-Sharing-Plan-Contribution-Limits http://www.irs.gov/Retirement-Plans/Plan-Participant,-Employ...