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 contribution limits of the 2015 401(k) stated that the contribution limit is $18,000. If an employee reached the age of 50 by December 31, 2015, they could save an additional $6,000 in their 401(k), for a total savings of $24,000.he employer will then match that contribution to the retirement plan being offered. The money that is put into the retirement plan is free. Investing in a 401(k) plan is a great way to increase retirement savings and increase the money earned.