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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
Posted by Gorilla Ball
Member since Feb 2006
11790 posts
Posted on 6/21/15 at 9:20 am to
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 by Spirit of Dunson
Member since Mar 2007
23111 posts
Posted on 6/21/15 at 9:45 am to
Not sure. I'm only 36. My company uses fidelity to mamage our 401ks as well.
Posted by yellowfin
Coastal Bar
Member since May 2006
97719 posts
Posted on 6/21/15 at 10:16 am to
It's called catch up contributions and its 5,500
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