Levanto A hot southeasterly wind which blows over the Canary Islands. Leveche A warm wind in Spain, either a foehn or a hot southerly wind in advance of a low pressure area moving from the Sahara Desert. Called a SIROCCO in other parts of the Mediterranean area.
Ms. Brown offers this example: Assume you are 45, and your employer allows you to make pretax and after-tax contributions to your 401(k). You contribute the maximum pretax amount for the year ($18,000), and receive $7,000 in employer matching contributions (these vary by employer), for a total of $25,000.You can then contribute as much as $28,000 extra â up to the total contribution limit of $53,000 â on an after-tax basis.s. Brown offers this example: Assume you are 45, and your employer allows you to make pretax and after-tax contributions to your 401(k). You contribute the maximum pretax amount for the year ($18,000), and receive $7,000 in employer matching contributions (these vary by employer), for a total of $25,000.
The IRS maximum for 2007 is $15,500. If you are over age 50, you can contribute an additional $5000 for catch-up contributions. Your company, however, may have lower limits than these IRS guidelines.hey only have a maximum amount. For 2007, that amount is $15,500. If you turn 50 in 2007 or earlier, then you can put an additional $5,000 into your 401k. Each employer has different rules for their plans. Some will let you put only so much (as a percent) into their 401k.