If filing married (joint or separate), enter combined amount for you and your spouse. Enter your Fixed Date Conformity (FDC) additions, if applicable. If filing married (joint or separate), enter combined amount for you and your spouse. Enter your Fixed Date Conformity (FDC) subtractions, if applicable. If filing married (joint or separate), enter combined amount for you and your spouse.
Savers and investors aged 50 or older can take advantage of a catch-up contribution, effectively increasing the limit for those approaching traditional retirement age. In 2015, taxpayers who meet this age-based criterion can contribute an additional $6,000 above the regular maximum of $18,000.y the end of the year, I expect to have maximized the employee portion of my 401(k) contributions at $16,500 with extra invested for the employer portion. My 2010 contributions fell short from the maximum by about $700, and a portion of that is due to leaving the company in the middle of December.
401k Annual Contribution Limit. The annual contribution limit for 401(k) plans is by far the easiest to understand. There are only two categories: whether or not you are 50 years old or not. If you are under age 50 you can contribute $17,500.or the average American the Roth IRA is a great choice as far as retirement accounts go. For that average American the contribution limit is $5,500 per year, plus $1,000 in catch up contributions if you're over age 50.