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401k contribution for year maxed out - what next

Posted on 9/21/17 at 11:23 am
Posted by Gorilla Ball
Member since Feb 2006
11772 posts
Posted on 9/21/17 at 11:23 am
in the event my contributions for 2017 are maxed out, will I no longer be able to contribute or will I receive a "refund" from my 401k provider (at the end of year) - I received something similar last year.
Posted by Teddy Ruxpin
Member since Oct 2006
39602 posts
Posted on 9/21/17 at 11:35 am to
If you're at the same employer for the year the payroll software should cut you off at 18k.

If you switched employers then of course the payroll software won't know your prior contributions and you'd have to thread it just right at 18k total.
Posted by seawolf06
NH
Member since Oct 2007
8159 posts
Posted on 9/21/17 at 11:52 am to
Land?
Housing?
Rentals?
Bet it all on Black?
Posted by CorkSoaker
Member since Oct 2008
9784 posts
Posted on 9/21/17 at 11:59 am to
My husbands usually maxes out in October which is great for Christmas and property taxes due in December.
This post was edited on 9/21/17 at 12:33 pm
Posted by LSUtigerME
Walker, LA
Member since Oct 2012
3806 posts
Posted on 9/21/17 at 12:05 pm to
Does the $18k contribution limit apply to after tax contributions? Or only the $54k total limit for employee + employer?

If they don’t, and you receive a match, make sure you continue to contribute (after tax) to receive the match.
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