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What is the maximum employee 401(k) Salary Deferral that can be made?

April 26, 2017deferral employee maximum salary

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What is the maximum employee 401(k) Salary Deferral that can be made?

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For 2009 it is $16,500. This amount is subject to Cost of Living Adjustments(COLA) each year. For those employees attaining age 50 by the end of a calendar year, they can make an additional “catch-up” salary deferral for that calendar year in addition to the normal limits above. The additional contribution for 2009 is $5,500 and is subject to (COLA).