Message Font: Serif | Sans-Serif
No. of Recommendations: 3
Does the $11,000 limit apply to the workers contribution, or to the workers contribution plus the employer's match?

The limit is only for the workers contribution. The company match is separate so you don't have to worry about figuring what they are putting in. When you get your W-2 at years end, you won't even see the company match info since it is of no interest to the IRS. You will only see your 401k contribution.

You are correct on hitting the limit of 11k before the end of year. Most companies have a form you can fill out that will monitor your contributions and readjust the percentage each pay period so you are close to right on at the end of year and don't miss any valuable company matching. This is especially helpful if your salary adjustments occur mid year and you expect to hit the max.

Print the post  


In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.