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jrr7 wrote:
As I hear it, the 401(k) limits are:

The employee can contribute the lesser of $10,500 or 25% of his salary.
The total money added to the 401(k), including both employee and employer contributions, must be less than $35,000 and must be less than 25% of her salary.

I don't know where taxable and after-tax comes into play.

You (Pixy) wrote:
Another way to look at it is to say your contribution as the employee must be the lesser of $10,500 or 15% minus the percentage represented by the employer's contribution. If the employer kicks in 3% of pay, then your percentage limit becomes 12% in a profit sharing plan.

Can you clarify? Is it 15% or 25%?

the hendrys
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