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URL:  http://boards.fool.com/as-i-understand-it-the-contribution-limit-for-30457303.aspx

Subject:  Re: 2012 401K Contribution Limit Date:  12/30/2012  2:13 PM
Author:  aj485 Number:  117248 of 123001

As I understand it, the contribution limit for 2012 is $17,000 plus the over 50 years old catch-up contribution of $5,500 for a total of $22,500 for someone in their mid fifties.

Correct.

If I switched employers in October, how is that limit modified for the former employer. I received a check from the former plan with the indication that it was an excess contribu