Are 401k contribution limits prorated the year I retire? If I work less than 12 months, does the 19,500 limit need to be prorated?
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No. The limit is for the year, not the time you work.
Also note - https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-401k-and-profit-sha...
If permitted by the 401(k) plan, participants age 50 or over at the end of the calendar year can also make catch-up contributions. You may contribute additional elective salary deferrals of:
You don’t need to be “behind” in your plan contributions in order to be eligible to make these additional elective deferrals.
since contributions must be deducted from your paycheck, leaving early is a form of prorating.
But if your paycheck is large enough you may hit the limit on your first paycheck.
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