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.
401(k) Contribution Limits. As of 2014, the IRS limits employee pre-tax 401(k) contributions to $17,500 per year. The plan might allow you to make an additional, catch-up contributions of $5,500 if youâre age 50 or older, raising your annual contribution limit to $23,000.t might be unusual to belong to a 401(k) and a SIMPLE IRA in the same year. Employers canât offer both at the same time, although they can make separate arrangements for employees covered by a collective bargaining agreement.