For major league players with a full year of service in 2016, club ownership is required to contribute $40,000 to their Vanguard 401(k) account. This works out to $10,000 for every 43 days of service.

If a player receives a full year of service, they are limited to a maximum “Pre-Tax” contribution of $13,000. The $13,000 pre-tax contribution added to the $40,000 ownership contribution will equal the maximum allowable contribution of $53,000 for 2016.

For a more detailed overview of your MLB Vanguard 401(k) read our article, “MLB Vanguard 401K: What You Should Know.