1 Joe Giudice: Why Teresaâs Husband Will Now Serve Even More Jail Time. 2  Teresa Giudice: Husband Joe Apologizes For Involving Her In Fraud.  Teresa Giudice: She Doesnât Regret The Mistakes That Landed Her In Jail.
The maximum amount of contributions a person can make to his or her 401(k) plan is set each year by the IRS. For the year 2016, people can contribute up to $18,000 as an elective salary deferral to a 401(k) plan.Additionally, if you are age 50 or older, you can contribute an additional catch-up contribution of $6,000.This 2016 contribution is the same limit as applies in 2015.or the year 2016, people can contribute up to $18,000 as an elective salary deferral to a 401(k) plan. Additionally, if you are age 50 or older, you can contribute an additional catch-up contribution of $6,000.
Participants in an Individual 401k can elect to make after-tax or Roth contributions with the salary deferral portion of the Individual 401k. The 2015 salary deferral contribution limit is $18,000 or $24,000 if age 50 or older.ndividual 401k contribution calculation for an S or C corporation or an LLC taxed as a corporation. 1  Employee Salary Deferral Contribution: In 2015, 100% of compensation up to the maximum of $18,000 or $24,000 if age 50 or older can be contributed to an Individual 401k.