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Can employees make both pre-tax elective and designated Roth contributions in the same year?

Yes, employees can contribute to both a designated Roth account and a traditional, pre-tax account in the same year in any proportion they choose. The maximum amount of employee deferrals permitted for a 401(k) qualified Plan for 2011 is $16,550 if the participant is under 50 and $22,00 if the participant is over the age of 50.

Also, an employee make age-50 catch-up contributions as designated Roth contributions to his or her designated Roth account?

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Posted in 401(k)

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