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re: Is the $18,500 cap for 401K eapplicable to employer matching?
Posted on 6/21/15 at 9:20 am to Spirit of Dunson
Posted on 6/21/15 at 9:20 am to Spirit of Dunson
if your over the age of 50 don't you have another $5000 that you can contribute? i learned recently that our company 401k thru fidelity doesn't have a max contribution limit, only limited thru what irs says you can contribute - i hope this makes sense. I have adjusted my contibution to 18%. fwiw
Posted on 6/21/15 at 9:45 am to Gorilla Ball
Not sure. I'm only 36. My company uses fidelity to mamage our 401ks as well.
Posted on 6/21/15 at 10:16 am to Gorilla Ball
It's called catch up contributions and its 5,500
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