My 401k is at Merrill Lynch, and the contribution rates are such that you must choose a round percentage point (22%, 23%, etc.).
If I wanted to max out my 401k, and 25% put me slightly below the $18.5k limit while 26% put me over the limit, can I still use 26%? Is the excess invested like the rest but simply won't be taken out pre-tax? Are there any other limits I should be concerned about? My goal is simply to get the full pre-tax limit so that my excess savings can go toward student loans, so I'd probably only end up $50 over the limit or something.