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by bgentry 2875 days ago
The $16k figure sounds like the amount that Apple contributed on Cook's behalf via matching funds.
1 comments
Retric 2875 days ago
In 2017 companies may only use up to $270,000 when calculating company matches to a 401k * whatever their max limit is for normal staff. 275 * 6% = 16.2k which sounds about right.

https://www.irs.gov/retirement-plans/401k-plans-deferrals-an...

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tedmiston 2875 days ago
This seems like the most logical answer in the thread
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