If filing married (joint or separate), enter combined amount for you and your spouse. Enter your Fixed Date Conformity (FDC) additions, if applicable. If filing married (joint or separate), enter combined amount for you and your spouse. Enter your Fixed Date Conformity (FDC) subtractions, if applicable. If filing married (joint or separate), enter combined amount for you and your spouse.
Savers and investors aged 50 or older can take advantage of a catch-up contribution, effectively increasing the limit for those approaching traditional retirement age. In 2015, taxpayers who meet this age-based criterion can contribute an additional $6,000 above the regular maximum of $18,000.y the end of the year, I expect to have maximized the employee portion of my 401(k) contributions at $16,500 with extra invested for the employer portion. My 2010 contributions fell short from the maximum by about $700, and a portion of that is due to leaving the company in the middle of December.
The annual maximum contribution limits are different for each type of plan. In 2009, the maximum amount that can be contributed to a 401(k) plan is $16,500 if you are under the age of 50. If you are older than 50, you are allowed an additional $5,500 per year as a catch-up amount.It should be noted that not every employer will allow you to use a catch-up contribution.n 2009, the maximum amount that can be contributed to a 401(k) plan is $16,500 if you are under the age of 50. If you are older than 50, you are allowed an additional $5,500 per year as a catch-up amount. It should be noted that not every employer will allow you to use a catch-up contribution.