<<<<<<<I have changed employer mid-year. Both companies have 401(k) plans in which I participate. If I contributed $2K to the 401(k) of employer A this year, must I limit my contributions to $8K this year into the 401(k) at employer B?Can anyone point me to the IRS publication which discusses this? Only reference to 401(k) annual limits that I can find is in pub. 575 which states "the limits on contributions to a defined contribution plan cannot exceed the smaller of $30,000 or 25% of the compensation actually paid the participant". But I have heard other posters refer to a $10K annual limit.First off, a 401(k) plan is different from a defined contribution plan, so there is no contradiction there at all. And yes, there is a limit of $10K (for 1998) of pre-tax contributions to a 401(K) plan per individual. So you have to inform your new company of the $2K already contributed and have them limit the pre-tax payroll deductions to a max. of $8K for the remainder of the year. Note that the contribution limit changes yearly; it was $9.5K for 1997.
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