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Sorry to be a stick in the mud on this issue, but I will continue to disagree with the idea that catch up contributions are to be considered under the 415 limits.
Referenced is a link from Vanguards Web site

From Mpower:

Key wording is below:
The nice thing about the catch-up limit is that it is not subject to any other federal or plan contribution limits. Catch-ups are made on top of your current limits.

Do you have a specific reference as to where it states that catch ups are to be considered under 415 limits. I searched the IRS website and found none. My understanding is they are separate from all plan and federal limits.



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