Tagged Questions
2
votes
1answer
267 views
401k Contributions + Employer Match be greater than Maximum Contribution?
This year, 401k contributions are capped at $17,000 per person.
So let's say somebody contributes this amount and is matched maybe 8% by their employer each contribution period.
Can the total amount ...
14
votes
3answers
218 views
Why is there such disparity of max contribution limits between 401K accounts and regular IRA accounts?
In 2011, regular IRA accounts allowed only $5,000 maximum contribution, while 401K accounts allowed up to $16,500. Why is there such a disparity? Why do tax advantages favor employees of large ...
5
votes
2answers
375 views
Are 401(k) contribution limits for employee & employer separate? What about hitting the limit?
I am glad to see this forum. I have been reading a lot and have some questions about me specifically.
I am 29 years old and have a 401(k) already with my company. I just started contributing 10% to ...
2
votes
2answers
426 views
401(k) contribution limits & job change: How to prevent over-contributing at new employer?
My wife is changing jobs, and we are trying to figure out how to deal with her 401(k) contributions. She contributes the maximum allowed, and depends on her employer to stop deducting when the limit ...
7
votes
4answers
114 views
Can I set up a second 401(k) at my LLC?
I have a 401(k) at work. I also have an LLC. Can I start a second 401(k) and contribute an additional $16,500?
6
votes
1answer
2k views
Are you allowed to have both a 401(k) and a SIMPLE IRA? If so, what about limits?
Are you allowed to have both a 401(k) and a SIMPLE IRA? And what would the limits be on the combined total?
I have two employers but I am maxed out at one. My understanding is that I can't use a ...
6
votes
3answers
379 views
What are the 401K and IRA limits for next year (2013)?
Are 401K and IRA contribution limits increasing next year? If so, what are the new limits? Thank you!!
(Edit - I updated question to reflect 2013, and will update my answer accordingly)
