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Financial Planning / Foolish 401(k)s

URL:  http://boards.fool.com/i-was-working-for-the-first-half-of-this-year-at-30112227.aspx

Subject:  Re: 401k and 403b limits Date:  6/23/2012  9:43 AM
Author:  aj485 Number:  24900 of 25310

I was working for the first half of this year at an employer who offered a Roth 401(k) and Traditional 401(k) matching. I'm rounding up, but approximately they contributed $4k Traditional, and I contributed $9k Roth (nice bonus in January!).

Also, keep in mind that it's only your elective deferrals that are counted toward the $17k limit. Employer contributions are not counted as part of that limit, so you still have another $8k that can be contributed before you will reach the maximum.

AJ
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