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401k Contribution Limits 2021

401k Contribution Limits 2021

401k Contribution Limits 2021 – Contributions to employee 401(k) plans will remain capped at $19,500 in the plan year 2021, with a catch-up contribution of $6,500 available to individuals reaching age 50 or older. However, the maximum contribution amount from all sources combined (employer and employee) will increase by $1,000. 401k Contribution Limits There will … Read more