Tag: 401k plan

401(k) vs Roth 401(k) Plans – Differences & Comparisons – 2022

Donation LimitEmployee contribution limits are $18,000 (under 50), $24K (over 50); limit applies to 401k and Roth 401k combined. Employee and employer contributions must be less than 100% of the employee’s salary or $53,000. 2018: $18,500 (under 50), $24,500 (over 50); 2014: $17,500 (under 50), $23,000 (over 50); restrictions apply …