A 401k is a powerful investment tool to help you plan your retirement, but the government has set limits on how much you can contribute to their plan each year 401k plan allows employees to invest their retirement savings in a mutual fund or similar investmentften, employers will match employee contributions to the plan, developing it an attractive way to fund their retirement, given that it truly is already doubled its money going to sweeten the deal is that taxes are normally applied to these investments are deferredhere is a limit to what employees can invest each year in their 401k planhe federal government sets limits on the amount that can be provided by tax-exempt employeeshis limit has been raised recently, howevern 2009, the limit of 401k contribution of workers under age 50 increased to $ 15,500his is the $ 1,000 limit for 2008 401k plan of $ 14,500here is another limit for workers over 50 yearshis limit is set for workers over 50 can "recover" their saf ... [Read More - Make Money Online Answering Questions]
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