Saving up for your retirement should not be confusing. After all, you are doing this so that you can enjoy and reap the rewards of your hard earned money. However, because of some rules and regulations regarding rollover options, maximum contribution, and other issues, people sometimes find themselves lost along the way. What is the maximum 401k contribution per year? How is it computed? Hopefully this will shed some light in this issue. More importantly, let’s hope this will help people make informed decisions for their own plans. (more…)

Tags: 401k maximum contribution, annual, per year