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  • #16
    Total contribution limits are $18,000 across *all* 401(k) and 403(b) combined for elective deferral, aka "employee" contributions.

    "Employer" 401(k) contribution is limited to 20% of net profit defined as income, minus expenses, minus half self-employment tax. This is actually the same as the "25% of earnings" rule, just expressed as 1:4 instead of 1/4.

    Limit per 401(k) is $54,000 per unrelated employer. If you have a 403(b), though, you're considered to own it, hence you're limited to $54,000 totaled across all 401(k) and 403(b) accounts combined.

    See WCI's blog post about multiple 401(k) rules.

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