401K Limit In Michigan With Two Jobs?


By admin ~ August 25th, 2009. Filed under: General.

401K Limit In Michigan With Two Jobs?

I am currently working for two companies in Michigan and am contributing to a 401K with each firm. Is the maximum for both 401K's $16,500 combined?

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2 Responses to 401K Limit In Michigan With Two Jobs?

  1. admin
    August 25th, 2009 at 4:35 pm
    That is correct. It might be easier to "max out" one 401(k) (the one with the best investment options or empoyer match) and not participate in the other.
  2. admin
    August 25th, 2009 at 4:35 pm
    Yes. You also go to http://www.irs.gov for more details

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