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What is the maximum contribution that can be placed in a 401K. I was under the impression that it was $10,500 for
2000, but have been told that a stipulation to this is earnings greater than $70,000.

How much you can contribute to the 401k depends on top heavy rules and other factors.

If you can contribute 15% of your salary then the 10,500 yearly cap would be reached at 70,000.

For example if you earned 10,000 you would be limited to 1,500 per year at the 15%.
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