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401K limits - HR, tax, financial folks?
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Blazesyth
*yawn*

Member since 5/05 8129 total posts
Name:
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401K limits - HR, tax, financial folks?
Any HR, taxes or financial planning folks out there?
My HR dept is useless, and I dont know if I'll be charged to talk to my tax guy..
The 401K limit for this year is 17,000. Does that include money that my company matches for me? Or is only money that I contribute from my salary?
I'm reading conflicting info on the web.
TIA!
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Posted 6/5/12 5:49 PM |
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Annie91606
Brotherly love

Member since 12/07 1816 total posts
Name: Anne
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Re: 401K limits - HR, tax, financial folks?
It is only your contributions, not the match.
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Posted 6/5/12 6:08 PM |
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BeachGal
LIF Adult

Member since 2/10 2827 total posts
Name: J
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Re: 401K limits - HR, tax, financial folks?
This is correct!!
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Posted 6/5/12 6:22 PM |
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newbie00
LIF Adult
Member since 3/11 1191 total posts
Name:
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Re: 401K limits - HR, tax, financial folks?
only your contributions
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Posted 6/5/12 6:31 PM |
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beanie571
:-P

Member since 5/07 2509 total posts
Name:
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Re: 401K limits - HR, tax, financial folks?
Absolutely right - only what you contribute will count towards the max.
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Posted 6/5/12 6:45 PM |
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Blazesyth
*yawn*

Member since 5/05 8129 total posts
Name:
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Re: 401K limits - HR, tax, financial folks?
Thank you everyone!
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Posted 6/5/12 9:12 PM |
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