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    Post Closed as "duplicate" by user102008, John Bensin, Dilip Sarwate, C. Ross of
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Over contribution to 401K between two employeremployers, and maximizing employer matching maximizematch?

I have a situation like this:

I worked for an employer this year from JanJanuary to May timeframe and contributed $14,500 to my 401K. There was no matching from this employer. In mid May timeframe-May time frame, I changed the jobjobs and my new employer matches 90c$0.90 to every dollar upto, up to a maximunmaximum of 5% of base salary in 401K/Roth IRA. Since the 2013 401K individual contribution limit is $17500$17,500, I would like to take advantage of my employer contributions to maximisemaximize my tax free gain. How can I do this? Please suggest my options.

Reading thru the web, I came to know that the employer contributioncontributions do not count towards $17500the $17,500 individual 401K limit, is. Is this correct.? Can I contribute upto $17500up to $17,500 before tax-tax in my 401K and still get employer matching lets, let's say $3000, on top of that which? Which will take my 401K balacetotal contributions for this year to $20500.$20,500? Please advise.

Over contribution to 401K between two employer and employer matching maximize

I have a situation like this:

I worked for an employer this year from Jan to May timeframe and contributed $14,500 to my 401K. There was no matching from this employer. In mid May timeframe I changed the job and my new employer matches 90c to every dollar upto a maximun of 5% of base salary in 401K/Roth IRA. Since 2013 401K individual contribution limit is $17500 I would like to take advantage of my employer contributions to maximise my tax free gain. How can I do this? Please suggest my options.

Reading thru the web I came to know that the employer contribution do not count towards $17500 individual 401K limit, is this correct. Can I contribute upto $17500 before tax in my 401K and still get employer matching lets say $3000 on top of that which will take my 401K balace for this year to $20500. Please advise.

Over contribution to 401K between two employers, and maximizing employer match?

I have a situation like this:

I worked for an employer this year from January to May and contributed $14,500 to my 401K. There was no matching from this employer. In mid-May time frame, I changed jobs and my new employer matches $0.90 to every dollar, up to a maximum of 5% of base salary in 401K/Roth IRA. Since the 2013 401K individual contribution limit is $17,500, I would like to take advantage of my employer contributions to maximize my tax free gain. How can I do this? Please suggest my options.

Reading thru the web, I came to know that employer contributions do not count towards the $17,500 individual 401K limit. Is this correct? Can I contribute up to $17,500 before-tax in my 401K and still get employer matching, let's say $3000, on top of that? Which will take my 401K total contributions for this year to $20,500? Please advise.

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source | link

Over contribution to 401K between two employer and employer matching maximize

I have a situation like this:

I worked for an employer this year from Jan to May timeframe and contributed $14,500 to my 401K. There was no matching from this employer. In mid May timeframe I changed the job and my new employer matches 90c to every dollar upto a maximun of 5% of base salary in 401K/Roth IRA. Since 2013 401K individual contribution limit is $17500 I would like to take advantage of my employer contributions to maximise my tax free gain. How can I do this? Please suggest my options.

Reading thru the web I came to know that the employer contribution do not count towards $17500 individual 401K limit, is this correct. Can I contribute upto $17500 before tax in my 401K and still get employer matching lets say $3000 on top of that which will take my 401K balace for this year to $20500. Please advise.