Retirement - 401(k)

401(k), 403(b), 457 and TSP plans - Maximum Contribution limits


The limit on employee elective deferrals is $18,000 for 2016. The catch up contribution limit for employees 50 and over remains unchanged at $6,000.
Generally, all elective deferrals made to all plans in which you participate are aggregated to determine if you have exceeded these limits.
Answer Provided by: CPAdirectory

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