401k question - left my company A mid year and had 10k in 401k contributions and 5k in matches; at the new company B I had 19k in contributions and 10k in matches. Now need to do a return of excess contribution. Has this happened to you before? Did you have to return the company A match?

(One is at fidelity the other one at vanguard)

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Posting as :
works at
You are currently posting as works at

Following bc I’m curious. I thought matches don’t count towards the limit?
Also that’s a crazy amount of matches, that’s awesome

This sounds more like you contributing more than the 19.5k allowed pre-tax between the 2, not related to what your employer matched.

I would see if you can change the excess personal contribution to a post-tax contribution (you’ll pay taxes on that portion now), but it’ll allow you to leave all the money in the 401k, and potentially the employer match too, but hard to say.

Match doesn’t go towards the yearly $19.5k contribution limit, bozo

If you add both, it’s over the contribution limit. Therefore I need to request a return of excess contribution. I’m just wondering if the employer plan will take away the match. No need to call names.

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I think you will handle it at tax time. Call you HR share service number or 401k admin and they may be able to refund you after a portion of the fund is sold to raise cash.

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