As of 2012, the maximum
elective deferral limit is $ 17,000.
The total contribution to both before tax can not exceed
the elective deferral limit of $ 18,500 in 2018 ($ 24,500 if you are 50 years or above).
Rollovers that move money into the Thrift Savings Plan do not count against the annual
elective deferral limit ($ 18,000 in 2016).
Not exact matches
However, contributions to this account are considered «
elective deferrals» that count toward an individual's overall annual
limit on
elective deferrals.
this question isn't about the
elective deferrals that the employee pays and is subject to the $ 18,000
limit, it is about the «Employer nonelective contributions» which is subject to the $ 53,000
limit and 25 % of employee pay.
Elective deferrals up to 100 % of compensation («earned income» in the case of a self - employed individual) up to the annual contribution
limit
For those over 50, the
limit on pretax
elective deferrals will rise from $ 20,000 to $ 20,500 ($ 15,500 plus $ 5,000 in catch - up contributions).
These
limits apply to the total of all
elective deferrals (including both pre-tax contributions and after - tax Roth contributions) that an employee makes during the year to any 401k plan, 403b plan, SAR - SEP, or SIMPLE plan, whether or not sponsored by the same employer.
In 2016, the IRS maintained contribution
limits for 401 (k), 403 (b), 457
elective deferral plans, and Thrift Savings Plans (TSP) at $ 18,000.
This total contribution
limit takes into account your personal
elective deferrals, employer matching contributions, employer nonelective contributions and allocations of forfeitures.