Go to Jeff Salisbury LWGate Home Page.From: "Gary M. Oppenheimer" <GOPPENHEIMER/0002180241@MCIMAIL.COM>
Subject: Re: 401(k) limits
Date: Tue, 11 Jan 2000 21:00:20 -0500 (EST)
Next Article (by Date): Re: stock transfer and income tax filing Rich Carreiro
Articles sorted by: [Date]
[Author]
[Subject]
>What are the limits for 401K contributions? There is >a flat dollar and a percentage, correct? Does this >vary by employer? >For 2000, the absolute hard limit is $10,500 (up from $10,000 in >1999). This is set by law. Only your own 401(k) contributions count >toward this limit. This is not correct... if you have a paired Profit Sharing and Money Purchase Plan, both Keogh and if you make over $120,000 per year, you can sock away $30,000 per year... that is the max. - -
Next Article (by Date): Re: stock transfer and income tax filing Rich Carreiro
Articles sorted by: [Date]
[Author]
[Subject]