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Old 11-17-2022 | 12:31 PM
  #378  
bugman61
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Originally Posted by notEnuf
16% of $330,000 is $52,800. 20% of $330,000 is $66,000 should we get that as a DC. You will not exceed the limit unless you make individual contributions that exceed the difference. Some people front load the 401k to force excess cash. There’s an ALPA R&I email out that explains it. I got it today.
Or if you make more that $330,000. Which many people do today, and even more will do under a hypothetical new contract that will have significant raises.
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