Yes, $25,000 per year is the law. The exact amount of payroll deductions depends on the length of your offering period, and the discount your organization provides. Some organizations provide lower/no discount, which is why, while unlikely, it is possible to have the full $25,000 invested. Here is a more common example:
· Ex: For a 6mth offering period, at a 15% discount, the total is $10,625 every 6mths, or $21,250 over a 12mth period ($25,000 x .85% = $21,250)
Additionally, most employers cap your participation as a percent of your overall salary/earnings. For example, if the cap is 10%, and you make $100k/yr, then you will be able to invest a maximum of $10k over the course of the year, or using the example of the 6mth offering, approximately $5k per period.