Turn on your sprinkler and let it run for 15 minutes. After turning off the sprinkler, use a ruler to measure the depth of the water collected in your cans. If it's 1/4 inch, you need to run the sprinkler twice as long, or 30 minutes, to spread 1/2 inch of water on your lawn.
$2,500 $2,500 $2,500. Elective Deferral Limit: maximum contribution that can be made on a pre-tax basi s to a 401(k) or 403(b) plan (Internal Revenue Code sectoi n 402(g)(1)). 457 Deferral Limit: maximum deferral amount set by the IRS for certain government plans (457 plans).
There is a limit to how much of your salary you can defer into the plan. Different salary deferral limits apply depending on the type of plan. For 401(k) plans, in 2016, if you are under age 50, the most you can contribute as a 401(k) deferral is $18,000. If you're age 50 or older, that limit goes up to $24,000.