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Future Insight – The Jenkins (thejenkinscomic.files.wordpress.com)
submitted 1 year ago by otter@lemmy.ca to c/comicstrips@lemmy.world
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[-] psivchaz@reddthat.com 26 points 1 year ago

Generally you can put in as much as you want but they only provide matching for some percentage. Usually like 1-5%. There is a total contribution limit but that won't affect most people.

[-] Trollception@lemmy.world 14 points 1 year ago

You can put in a max of 22,500 per year. The employer contribution can be higher.

[-] Kage520@lemmy.world 0 points 1 year ago

The company limits it to a percentage of your paycheck. Where I work it used to be 10% so I was never mathematically capable of maxing the full irs limit, but they moved that to 30% recently.

this post was submitted on 03 Oct 2023
1030 points (97.4% liked)

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