$66,000 is the maximum allowable contribution to your 401K

來源: star2006 於 2024-02-04 19:34:26 [] [舊帖] [給我悄悄話] 閱讀數 : (777 bytes)
回答: 401k Max 問題 由 Luody 於 2024-02-04 16:48:26

My understanding is that $66,000 is the maximum allowable contribution to your 401K account, combining both your personal and employer contributions. Assuming your annual salary is $500,000, plus a $500,000 bonus, and your company offers a 5% match on eligible income. While the calculated amount would be $75,000 ($22,500 + 5% of $1,000,000), the total allowed annual contribution remains capped at $66,000. Please note that the information provided above is not intended as financial advice!!!

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