<prompt> Human: My hourly wage is 14.82. I plan to allocate 60 of my salary to my 401k. 14.82 at 2080 hours is 30825.60, and 60 of that is just over the annual limit at 18495.36.Most of my income comes from tips anyway, and I chose 60 to account for the random early-outs that occur in my business. In either case, it may still go over.  <response>: Payroll should stop the contribution at the limit. But you should ask to be certain. 