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SIMPLE 401k Catch Up Contributions401k Catch up contributions for SIMPLE 401k plans: According to the IRS, the 2011 SIMPLE 401k contribution limit is $11,500. This is the maximum employee contribution into a Simple 401k plan.
However, if you are 50 years old or older, or you will be 50 during the current year then you are allowed to defer an additional $2,500 from your salary into your SIMPLE 401k plan provided your SIMPLE 401k plan documents allow for catch up contributions. Not all SIMPLE 401k plans offer catch up contributions nor are they required by law to do so.
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