"Joe Smith" <joesmith[at]aol.com> writes:


- quote -

That's only your contributions. The combined max (your contributions
plus your employer's contributions) is $44,000 for 2006.

There is also a "non-discrimination test" which makes sure
that not only the "highly compensated employees" take advantage
of the 401(k), which may lower the limits.

The Wikipedia has a pretty nice page about 401(k)s:
http://en.wikipedia.org/wiki/401(k)



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Joe Smith wrote:
- quote -

It only applies to your contributions.

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Ian Pilcher i.pilcher[at]comcast.net
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I have a question about the maximum contributions to a 401K plan..

Is the $15,000 annual limit apply only to the contributions I make to the
plan or does it also include the employers matching?