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The government imposes a limit on employee contributions to a 403(b) or 401(k) plan. In 2006 it's $15k. The employer may also impose their own more stringent limits. And jep, if you feel bad about your match, remember that some employers (like mine) don't give out any match at all. I'm not sure that 401(k) plans have exactly been a rousing success. The employee is limited to what the employer chooses to offer, which are often high-cost plans. Because the plan is tied to the job, a large fraction (something like half) of people end of cashing out of the plan when they leave their job, which totally defeats its role as a retirement savings vehicle. Employees at companies facing financial difficult sometimes find that their employer is making ends meet by delaying the deposit of their contributions to the account. And so on.
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