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13y ago

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What is the 401K annual compensation limit?

for 2008 $230,000


What is the 401k compensation limit for 2010?

The annual compensation limit for 2010 401k's is $245,000.This generally means that match amounts may be limited to the match rate multiplied times the compensation limit.Contribution limits for 2010 are set at $16,500. However, contribution limits for individuals 50-years old and older get an extra $5,500 catch-up contribution to defer.


What is the 2009 401k compensation limit?

The 2009 Annual Compensation limit is $245,000 Compensation Limit to be defined an HCE (Highly Compensated Employee) $110,000 Edit: I believe this is what you are looking for other limits for 2009: Maximum Pre-Tax Contribution $16,500 Maximum Catch Up Contributions for age 50 and older $5,500


What is the maximum contribution limit for a 401k in 2016?

The maximum contribution limit for a 401k in 2016 was 18,000.


What was the 401k employer match limit for the year 2016?

The 401k employer match limit for the year 2016 was 18,000.


What was the highly compensated employee 401k limit for the year 2016?

The highly compensated employee 401k limit for the year 2016 was 18,000.


What is a 401k contribution limit?

A 401k contribution limit is the maximum amount a person can contribute towards their plan each year. This limit is set by the IRS and this amount can change year on year.


What is the maximum 401k contribution limit for a married couple filing jointly?

For a married couple filing jointly, the maximum 401k contribution limit is 38,000 in 2021.


Will my 401k contributions automatically stop at the limit with Vanguard?

Yes, Vanguard will automatically stop your 401k contributions once you reach the annual limit set by the IRS.


What happens if I go over the 401k limit?

If you exceed the 401k contribution limit, you may face penalties and taxes on the excess amount. It's important to stay within the annual limit to avoid these consequences.


Does Vanguard 401k automatically stop contributions once the limit is reached?

Yes, Vanguard 401k automatically stops contributions once the IRS limit is reached for the year.


What is the maximum contribution limit for a 401k in 2016 and how much can I contribute to my 401k account?

The maximum contribution limit for a 401k in 2016 was 18,000. However, individuals aged 50 and older could contribute an additional 6,000 as a catch-up contribution, making their total contribution limit 24,000.