1. Money  What Is a 401(k) Contribution Limit?  Understanding
How 401(k) Limits Work   401k Contribution Limit Guide  Congress
established 401(k) contribution limits to restrict the amount of
money investors can shelter from taxes within their retirement
accounts.  Robert George Young / Photographer's Choice RF /
Getty Images  Given that a 401(k) retirement plan can be such an
effective way to shelter money from taxes, building wealth as
your dividends, interest, and rents pour in and get reinvested
without a single penny being diverted to the IRS,
Congress, understandably, put limits on the amount of money you
can contribute each year.  Otherwise, a successful business
owner, executive, actor, physician, or musician could put
millions upon millions of dollars in their 401(k) plan each
year, all but avoiding income taxes.  This, in turn, would make
the burden of funding essential government services, such as
defense and infrastructure, fall squarely on the shoulders of
the lower and middle classes.  The Three