tag:blogger.com,1999:blog-35325760.post5501355545767015588..comments2008-10-18T05:30:27.612-05:00_noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-35325760.post-64357180981196742632008-10-18T05:30:00.000-05:002008-10-18T05:30:00.000-05:00shallow purple,<BR/>No, this limit does not include any employer match that you receive. Since the employer match is not counted in your taxable income, IRS doesn't include it in the limit that it publishes. The $16,500 is the maximum amount you can deduct from your income for 401(k) contributions.<BR/><BR/>By the way, many 401(k) plans allow you to contribute after-tax money, which is not subject to this limit either.<BR/><BR/>canopybowstars,<BR/>Thanks for the comment!Nigelhttp://www.retire2india.comnoreply@blogger.comtag:blogger.com,1999:blog-35325760.post-69053760526310894082008-10-17T19:29:00.000-05:002008-10-17T19:29:00.000-05:00Thanks for the information. Your blog continues to be one of my favorites. Keep up the great work!Canopybowstarshttp://yourmilitarymoney.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-35325760.post-32495406358703189512008-10-17T12:49:00.000-05:002008-10-17T12:49:00.000-05:00Thanks for this informative post.I had a quick question. Is the limit of $16,500/yr on 401(k) applied to only individual employee contribution or to the sum of employee and employer contribution?Shallow Purplehttp://www.blogger.com/profile/08908695480486024600noreply@blogger.com