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re: 401k contribution for year maxed out - what next

Posted on 9/21/17 at 11:35 am to
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 Gorilla Ball
Member since Feb 2006
11772 posts
Posted on 9/21/17 at 11:39 am to
I'm over 50 so I can bump it up to $24,000. I guess the money I was setting aside I'll use it for my back door roth.
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