Updated 2026-04-21

401(k) Over-Contribution: How to Fix an Excess Elective Deferral

Contributed too much to your 401(k)? The April 15 correction deadline, tax treatment, IRS excise tax penalty, and how to prevent excess deferrals.

Key Takeaways

2026 Quick Reference

$24,500
2026 Deferral Limit
$72,000
Total 415(c) Limit
59½
Penalty-Free Age
73
RMD Start Age

Related Guides

Pavlo Pyskunov

Pavlo Pyskunov

Managing Director & Investment Fund Director

Pavlo Pyskunov analyzes employer-sponsored retirement plans using IRS publications and DOL Form 5500 filings, helping workers maximize their 401(k) savings through data-driven guidance.

Last updated: 2026-04-21

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