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Brown Cafe UPS Forum
UPS Retirement Topics
Exceeding Maximum 401k in 2020
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<blockquote data-quote="CoffeeStainedUniform" data-source="post: 4371816" data-attributes="member: 73423"><p>Hitting top rate and going to max my 401k at that time.</p><p></p><p>Does UPS (or Prudential) limit my 401k contributions to $19,500 or do I have to be on my toes during peak every year? Can we opt to contribute a flat dollar amount as opposed to a % rate?</p><p></p><p>I really don't want the 10% penalty so any help in appreciated.</p></blockquote><p></p>
[QUOTE="CoffeeStainedUniform, post: 4371816, member: 73423"] Hitting top rate and going to max my 401k at that time. Does UPS (or Prudential) limit my 401k contributions to $19,500 or do I have to be on my toes during peak every year? Can we opt to contribute a flat dollar amount as opposed to a % rate? I really don't want the 10% penalty so any help in appreciated. [/QUOTE]
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Exceeding Maximum 401k in 2020
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