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pmokan
12-11-2014, 04:28 PM
I'm setting up new 401K, and I'm wondering what is the minimum W2 pay I need to do for my self in order to get the maximum combined contribution. I came up with $140K to get to $53K ($18K employee/$53K employer).

does anyone know if this is correct or what would be a good source for this to find out?

Thank you,

Peter

Freelancier
12-11-2014, 04:35 PM
Start here: 401k Deferral limits (http://www.irs.gov/Retirement-Plans/401k-Plans-Deferrals-and-matching-when-compensation-exceeds-the-annual-limit)
And talk to whoever is helping you set up the plan and do your taxes to make sure you stay in compliance.