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I am 60 and my wife is 51. We both work. What is our maximum deduction/contribution to a 401K plan?

 
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KenH1
New Member

I am 60 and my wife is 51. We both work. What is our maximum deduction/contribution to a 401K plan?

The 401k contribution limit for 2016 and 2017 is $18,000 plus an additional $6,000 if you were 50 or older.

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