Comments on: How Much can My Employer Contribute to my 401k?

By: Dan

Dan — Thu, 29 Apr 2010 20:41:47 +0000

My employer does 4% automatically no matter if I’m on the plan or not but will match an additional 3% if I decide to contribute 3% for a total of 10%. Last year I saved 17% AGI in my Roth 401k.

By: David

David — Mon, 30 Nov 2009 21:04:22 +0000

1) Dollar for Dollar. No maximum.
2) No
3) Yes

By: anonymous

anonymous — Fri, 18 Sep 2009 12:44:12 +0000

I get a 200% match up to the IRS max of 16500

No, I knew it was 49,000 for the upper limit

Yes, I am maxing out.

By: Yogi

Yogi — Tue, 25 Aug 2009 18:54:20 +0000

1. 25 cents for each dollar up to 6%
2. Never thought about this cos I only do 6% and didn’t reach near that ceiling yet
3. No, not yet .. home loan

By: Bobbo

Bobbo — Mon, 03 Aug 2009 01:42:51 +0000

1. 96 cents on the dollar up to 7% of salary.
2. nope, just me.
3. yes, I’m actually contributing more than the 7% match .

By: Jac

Jac — Sun, 02 Aug 2009 01:33:04 +0000

1. 50% up to 6% of salary
2. just me
3. Yes, although I haven’t worked the whole year so I’m going to have to juggle the percentage withheld a bit.

By: Trevor

Trevor — Thu, 30 Jul 2009 16:06:11 +0000

1. 100% up to 6% of salary
2. Nope, I knew it was just my contribution
3. Not this year (single household income and all). I plan to next year.

By: finance suggestion

finance suggestion — Tue, 28 Jul 2009 00:41:57 +0000

1. 7%
2. that was my contribution
3. I am getting much closer now (33%)

By: Julie

Julie — Thu, 23 Jul 2009 15:02:52 +0000

1. 6%
2. Nope, I knew it was just my contribution
3. No, but I’m getting as close as I can right now (25% of my income)

By: Alan S

Alan S — Wed, 22 Jul 2009 15:59:23 +0000

1. Employer contribution is 3% of gross salary no matter what elective contributions are made.
2. No, I knew that the contribution limit is the employee contribution.
3. I will max my contribution this year. Hope to do the same with my fiancee (future wife) in the coming years.