Quote:
Originally Posted by Ike Bana
Nuf said, because you said nuf said? Take a hike.
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Thanks. I enjoy hiking. And biking, and jogging, etc.
Quote:
Originally Posted by Ike Bana
And it's so interesting that you just can't acknowledge that your $17,500 pre-tax max was wrong. Reckon the percentage of 401K investors who actually have enough income to get anywhere near the pre-tax 401K max? Reckon you can clue me in?
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If its wrong, then please take it up with the IRS.
http://www.irs.gov/Retirement-Plans/...ibution-Limits
Deferral limits for 401(k) plans
The limit on employee elective deferrals (for traditional and safe harbor plans) is:
$17,500 (in 2013 and 2014)
The $17,500 amount may be increased in future years for cost-of-living adjustments
Of course, that doesn't include CUP contributions for those that might be eligible.