When do we begin contributing to 401k 23’. I randomly looked today and was a hundred under the limit, so turning off contributions and want to know when to turn them back on. Google is pointing me to the calendar year but I’m not sure

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Posting as :
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You are currently posting as works at

Jan 1

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You don't have to turn off contributions. Once you max they stop processing the contribution.

Just to clarify, while Deloitte might not allow you to overcontribute, not all employers have an automatic cutoff built into their 401k plan, even if they're your single employer. It's best to check the plan documentation at your employer.

Didn’t need to do that to begin with.

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