Pixy,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. http://boards.fool.com/Message.asp?mid=14841255You (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. http://boards.fool.com/Message.asp?mid=14613952Can you clarify? Is it 15% or 25%?Thanks.the hendrys
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