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Old 12-27-2022 | 05:14 PM
  #236  
dsevo
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Joined: Feb 2017
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Originally Posted by Dobbs18
you are probably right, it’s not a cash over cap….I usually hit the personal contribution cap of 20.5k in Oct then that after tax deduction just stays in my paycheck…nice little pay bump at the end of the year. I haven’t quite made enough to hit the combined max with the company’s 16% DC yet…also I’m a NB FO
Look into “automatic in-plan conversion”. You can easily hit the combined max. The personal max is a fake limit.
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