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401k excess deferral-which account is considered in excess?
I switched jobs in the middle of 2019 and hence have multiple pretax 401k accounts(traditional). I have excessive deferral when i combine my contributions to both accounts(14k to each account) and i am planning to let them remain in the current status(willing to pay tax twice). I was windering which account is considered to hold the excess deferral- first or second one, or either of them?
‎April 11, 2020
7:36 AM