I was just running through the MF retirement calculators when this limit popped up. It reckoned that the sum of my 401k contributions and my employer matching can't exceen $13,275. This is the first I've heard of this limit! I have been trying to put in the max $10,000. My employer will contribute up to $5,000. Should I aim only to contribute $13,275 - 5,000 = $8,275? Thus I hit the $13,275 limit while maximizing employer money.Is there really such a limit? Or am I really getting $15,000/yr in my 401k?Thanks for any help!
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra