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 elective deferral limit is the maximum regular amount you can defer (or sometimes referred to as contribute) to your 401k plan under ordinary circumstances. If you are age fifty or older you can contribute an additional $6,000 as a catch-up contribution for a total of $24,000 from the employeeâs salary.The annual defined contribution limit is the total amount of employee plus employer money that can be contributed to your 401k account.The limit for 2015 is $53,000 but that does not include the catch-up contribution.he elective deferral limit is the maximum regular amount you can defer (or sometimes referred to as contribute) to your 401k plan under ordinary circumstances. If you are age fifty or older you can contribute an additional $6,000 as a catch-up contribution for a total of $24,000 from the employeeâs salary.