{ "media_type": "text", "post_content": "how do you know when you’ve reached the 401k contribution limit? will vanguard stop the contributions for you and resume the next year? or do you have to manually calculate when you hit 19.5k?", "post_id": "6108c40d96660f002278a642", "reply_count": 3, "vote_count": 1, "bowl_id": "59064a3cb12379001006592c", "bowl_name": "Personal Investment Chatter" }

how do you know when you’ve reached the 401k contribution limit? will vanguard stop the contributions for you and resume the next year? or do you have to manually calculate when you hit 19.5k?

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If you're at the same job for the whole year, the cutoff will most likely be automatic. If you switch jobs, you should calculate it when beginning contributions at the new gig by doing (19500 - old job contributions) / # of paychecks left in the year

Do you have a true up of you get to the limit early?

Call Vanguard and ask. It’s a service they provide if Deloitte’s paying for it.

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