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Author: shnook91 Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 72279  
Subject: 401k Contribution Question Date: 7/13/2004 5:55 PM
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Hello,

I am in the position of not being able to maximize my 401k contribution in 2004. I took a large pay cut with a promotion(?) and am only allowed to contribute 15% of my salary to my 401k based on my prior years compensation. This means I won't be able to contribute the full $13,000 allowed in 2004. Is there some allowance in the government rules so I can maximize my contribution for this type of situation or am I out of luck.

Regards
Shnook91
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