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.
Contribution Limits. You can contribute up to $18,000/year to your Roth 401(k), as well as an additional $6,000 if you'll turn 50 by the end of the year. That number is much lower for Roth IRAs, which limit you to $5,500 a year or $6,500 if you're 50 or older. Here, the Roth 401(k) is the clear winner.or example, if you have both a Roth IRA and Roth 401(k) â and you're eligible to make contributions to both â your annual contribution maximum effectively becomes $23,500 (or $30,500 if you're 50 or older). This round goes to the Roth IRA.