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With the new tax law everyone has been talking about the dollar increases in the employee contribution limit ($11,000 next year and then gradually increasing to $15,000 by 2006).

In the past there were other "limits" imposed such as the fact that the employee and company contribution could not exceed 25% of your pay and also could not exceed $30,000 per year.

I heard that there were other changes included with the new tax law which increase these limits to 100% and $40,000 starting next year.

The only place I've heard this mentioned was in an article on Since then the article seens to have vanished from the site. All I have is a hardcopy of the story.

Does anyone out there know the scoop? Are these other increases for real?

Andrew Leccese
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