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To: re3 who wrote (84407)	2/9/2000 6:46:00 AM
From: accountclosed	Read Replies (2) of 86076

ike, perhaps these parameters might help on this issue: 1. maximum contribution to a 401k is 10,000.00 annually. 2. maximum contribution is 25% of salary. so the point is that people earning say 30,000.00 don't get to the cap by year end due to 2. say a high earner like a 480,000.00 salary person which is 40,000.00 per month salary...they would reach maximum contribution by the end of the first month... so... i guess one would have to have the earning matrix of the u.s. and the 401k habits...but the point is that some people reach 401k maximum contribution and it resumes in january of the next year... i don't know what one would consider to be the end of the season.

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