Q

What’s the 401K contribution limit?

A

$18,500 in 2018.

The government reassesses employee 401K contribution limit annually. As of 2018, the limit was set at $18,500. This, of course, doesn’t include any matching contributions tossed in by your employer. And those over 50 can kick in even more in “catch up” contributions — an extra $6,000.00 per year.

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