this post was submitted on 03 Oct 2023
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Comic Strips

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[–] psivchaz@reddthat.com 26 points 1 year ago (2 children)

Generally you can put in as much as you want but they only provide matching for some percentage. Usually like 1-5%. There is a total contribution limit but that won't affect most people.

[–] Trollception@lemmy.world 14 points 1 year ago

You can put in a max of 22,500 per year. The employer contribution can be higher.

[–] Kage520@lemmy.world 0 points 1 year ago

The company limits it to a percentage of your paycheck. Where I work it used to be 10% so I was never mathematically capable of maxing the full irs limit, but they moved that to 30% recently.