I want to contribute the maximum to my 401k for this year. I have some money already deducted from each paycheck, but I want to make a one time payment to bring me up to the maximum for 2006. I called my company's 401k provider and they said this is not allowed. Is this true? do I have any other options? In my 401K I'd have to make the change by 11/30 for it to be effective 12/15 -- yours is probably similar so you'll have to act fast. You can probably increase your deduction to 50% of gross (up to the max of $15,000 for 2006) for a couple of pay periods and that's not chicken feed.
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