Skip to content


Take 25 percent off the cost of the award-winning AARP Smart Driver online course! Use promo code ‘BHM’ for savings.


401(k) Maximums in 2009

Q. What’s the maximum that I can contribute to my 401(k) plan for 2009?

A. The Internal Revenue Service has raised the maximum contribution employees can make to their defined contribution plan to $16,500 for 2009, up from $15,500 permitted for 2008. Workers age 50-plus can also contribute a “catch-up” of $5,500—for a maximum of $22,000.

Source: Internal Revenue Service


Join the Discussion

0 | Add Yours

Please leave your comment below.

You must be logged in to leave a comment.