What was the maximum 401k contribution for 2016?


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Beside above, is there a limit on retirement contributions?

Basic elective deferral limit

The elective deferral limit for SIMPLE plans is 100% of compensation or $13,500 in 2020 and 2021, $13,000 in 2019 and $12,500 in 2018. Catch-up contributions may also be allowed if the employee is age 50 or older.

Just so, what is the maximum pre tax contribution to 401k? Remember, the pretax contribution limit for traditional 401(k) plans stands at $19,500 for 2020 and 2021. But the maximum that can be contributed toward your total tax-deferred retirement accounts is $57,000 ($58,000 in 2021).

People also ask, what is the maximum 401k contribution for 2012?

You’ll be able to contribute up to $17,000 to a 401(k), 403(b), most 457 plans or the federal government’s Thrift Savings Plan in 2012. That’s $500 more than the 2011 maximum contribution limit of $16,500.

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