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Author: snoopy33 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75785  
Subject: Re: 401k plans Date: 2/20/1998 7:05 PM
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Hey there,

Q: Does the $10K max include contributions from both
you and your employer or does the $10K max just
include what you contribute?

A: The $10K max is the COMPLETE total regardless of
whether your employer matches your contributions
or not.

Let's say, your employer kicks in $1 for every
$1 you put in ... the $10K max would then consist
of $5000 of your cash and $5000 that your employer
kicked in.



Hope this helps

snoopy33@rocketmail.com

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