Is the max $17,500 deferal rate the most I can contribute tax free individually or does that include the employer contribution as well?
You can contribute up to 17,500. Your employer can go beyond this to some number like $51,000 or so.
ETA: $52,000 this year. So they can contribute $34,500 ($52,000 - $17,500 = $34,500)
If you work for an employer who does this, I have a resume ready.
This post was edited on 4/2 at 4:36 pm