401k Contribution Limits - How much for 2006

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What is 401k Contribution Limits for this year?? I am thinking on making such contributions, any help will we be good to me thanks

milesd

the total maximum contribution you can make each year to ALL 401k plans

jerry · Posted: Thu Jan 26, 2006 1:40 am Post subject: RE:

Hi,

Limit for 401k contributions this year is $15000 and $20000 for those who are 50 years of age or above.

This limit applies to both 401(k) and Roth 401(k) plans, so the entire contribution of $15000 includes both the plans.

Thanks,
Jerry

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