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New Member
posted Jun 4, 2019 5:49:28 PM

If I received a $600 credit on contributing $1200 to my 401k in 2016, why did I receive only a $400 credit when contributing twice that to the 401k in 2017?

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1 Best answer
Level 15
Jun 4, 2019 5:49:29 PM

It is based on your income:

https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-savings-contributions-save...

1 Replies
Level 15
Jun 4, 2019 5:49:29 PM

It is based on your income:

https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-savings-contributions-save...