My 57-yr old wife contributed $21,600 to her 401K in 2016. Can we top up her contribution NOW to $24,000 and get the additional reduction in taxable income for 2016?

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My 57-yr old wife contributed $21,600 to her 401K in 2016. Can we top up her contribution NOW to $24,000 and get the additional reduction in taxable income for 2016?

No, it is not the same thing as contributing to an IRA. Contributions are made through payroll and your employer who has set up a plan through the company.

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My 57-yr old wife contributed $21,600 to her 401K in 2016. Can we top up her contribution NOW to $24,000 and get the additional reduction in taxable income for 2016?

No, it is not the same thing as contributing to an IRA. Contributions are made through payroll and your employer who has set up a plan through the company.

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My 57-yr old wife contributed $21,600 to her 401K in 2016. Can we top up her contribution NOW to $24,000 and get the additional reduction in taxable income for 2016?

My 57-yr old wife contributed $21,600 to her 401K in 2016. Can we top up her contribution NOW to $24,000 and get the additional reduction in taxable income for 2016?

My 57-yr old wife contributed $21,600 to her 401K in 2016. Can we top up her contribution NOW to $24,000 and get the additional reduction in taxable income for 2016?

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My 57-yr old wife contributed $21,600 to her 401K in 2016. Can we top up her contribution NOW to $24,000 and get the additional reduction in taxable income for 2016?

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My 57-yr old wife contributed $21,600 to her 401K in 2016. Can we top up her contribution NOW to $24,000 and get the additional reduction in taxable income for 2016?

My 57-yr old wife contributed $21,600 to her 401K in 2016. Can we top up her contribution NOW to $24,000 and get the additional reduction in taxable income for 2016?

Unlock tailored help options in your account.

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