Originally Posted by Myfingershurt

Personal contributions are limited to 20k-ish. The company can contribute up to the max 415(c) limit every year which is $66k for 2023. But the plan is still a 401(k). The two contributions (personal and company) can’t total more than that $66k. That’s where a lot of higher earners get into a situation where they max out and are looking for some sort of additional vehicle like a tax deferred MBCBP to put the excess money.