Originally Posted by
zulu
It's $60K for us geezers. $54K for the under 60 crowd.
The 5% contribution should keep you safe, $270K is the max income basis this year:
$18K(401k) + $6K (CU) + 270K*.08 (B plan) + 270K*.05 (after tax) + $500 (401k match) = $59,600 which squeezes you in under the $60K cap.
Same math works for the youngsters, since they don't get the $6K catchup but are also limited to $54K. 5% after tax keeps you safe (this year).
Edit: Sorry, looks like you found the answer while I was gonkulatin'.
50 is the catch-up contribution limit age.
Is there a reason why FedEx pilots don't want to contribute more than the 415(c) limits?