Let's say I contributed $8,000 to my 401(k) while working at company X in 2016. Later I quit company X. I am now working at company Y. I'm thinking of rolling over the 401(k) at company X to traditional IRA. My question is, what's my contribution limit to 401(k) at company Y for 2016? Is it $10,000 or $18,000? In other words, does the rollover "reset" the contribution to 401(k)?


Your deposits, if under age 50, are limited to the $18,000. The rollover doesn't change this. Company match is separate from the $18,000.

As we discussed in a recent question, verify the former employer permits this.

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Not the answer you're looking for? Browse other questions tagged or ask your own question.