The National Directory of Certified Public Accountants

Ask A CPA - Retirement - 401(k)

401(K), 403(B), 457 And TSP Plans - Maximum Contribution Limits

The limit on employee elective deferrals is $18,000 for 2016. The catch up contribution limit for employees 50 and over remains unchanged at $6,000. Generally, all elective deferrals made to all plans in which you participate are aggregated to determine if you have exceeded these limits.

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