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    #16
    Yeah, sounds like it may be technically legal, but most plans won't allow for it.

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      #17
      Talk to paychecks and I stated that as a W-2 employee you have to do all your contributions prior to December 31. Anyone have an idea of what the max contribution into a 41K for a W-2 employee is?

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        #18
        $18,000 until you are 50, unless you are considered a highly compensated employee.

        (last year's amount)

        2018 it goes to $18,500
        Last edited by Atfulldraw; 01-31-2018, 12:19 PM.

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          #19
          Shane - you are correct on all of it.

          Originally posted by warrington View Post
          Talk to paychecks and I stated that as a W-2 employee you have to do all your contributions prior to December 31. Anyone have an idea of what the max contribution into a 41K for a W-2 employee is?
          For 2018, you will be able to contribute up to $18,500, which is up $500 from 2017.

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            #20
            Originally posted by warrington View Post
            Talk to paychecks and I stated that as a W-2 employee you have to do all your contributions prior to December 31. Anyone have an idea of what the max contribution into a 41K for a W-2 employee is?
            Talk with your plan administrator, some allow up to 75% of your income to be contributed. The 18.5k is for pre-tax contributions.

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