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60 hour rule violation?
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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 2533902" data-attributes="member: 12570"><p>The maximum amount that you can contribute annually to a 401k is set by the IRS. This year's limit is $18.5K with an additional $5.5K "catch up" for those 50 or older. </p><p></p><p>If you are maxing out your 401k and reach the limit before the end of the year your contributions are stopped so it is best to try to calculate the average contribution that you should have withheld each week over the 52 weeks.</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 2533902, member: 12570"] The maximum amount that you can contribute annually to a 401k is set by the IRS. This year's limit is $18.5K with an additional $5.5K "catch up" for those 50 or older. If you are maxing out your 401k and reach the limit before the end of the year your contributions are stopped so it is best to try to calculate the average contribution that you should have withheld each week over the 52 weeks. [/QUOTE]
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