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What are the 401k Contribution Limits for 2020?

| April 07, 2020
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2020 Employee Contribution Limits

401k - $19,500

Older than 50 - Additional $6,500 catchup contribution totaling $26,000

2020 Employer and Employee Contribution Limits

401k - $57,000 or 100% of employees compensation, whatever is lower.

Older than 50 - Additional $6,500 catchup contribution totaling $63,500. 

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