We increased my Wife's 401(k) contribution from 5% to 15%. This takes her contribution from $2,775/year to $8,325/year. We're still waiting to hear back from her HR department as to when the new contribution level go into effect.
We decided to increase our 401(k) contributions as much as possible and force ourselves to get used to the lower take home pay. We may not be able to put as much into our Roth IRA's, but at least we know the money will be invested before we can get our hands on it.
5 comments:
Is 15% the maximum for her workplace? The reason I ask is that I had a number of jobs in a row where 15% was the maximum and so I assumed that was the maximum percentage allowed by law. However, that is not the case. My current employer allows 25% and I've heard of even a lot higher, but obviously all subject to the maximum dollar limit. But maybe 15% was the amount you wanted anyway, regardless of percentage limit allowed.
And by the way, nice blog template. Heh-heh.
Nice! been upping mine like crazy too - best to do it while you can, that's for sure :)
S.B.- Thank you for the heads up, but15% is not the max, it's just the amount we chose.
J.Money- Agreed. I we can learn to live without the money now, before we have kids, it will be easier to keep it up.
-1MansMoney
Good day !.
You may , perhaps very interested to know how one can make real money .
There is no initial capital needed You may start to receive yields with as small sum of money as 20-100 dollars.
AimTrust is what you need
The company represents an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.
Its head office is in Panama with structures everywhere: In USA, Canada, Cyprus.
Do you want to become an affluent person?
That`s your choice That`s what you desire!
I`m happy and lucky, I started to get income with the help of this company,
and I invite you to do the same. It`s all about how to select a correct partner utilizes your savings in a right way - that`s it!.
I take now up to 2G every day, and what I started with was a funny sum of 500 bucks!
It`s easy to get involved , just click this link http://awezitova.o-f.com/rutaku.html
and go! Let`s take this option together to get rid of nastiness of the life
Good day, sun shines!
There have were times of hardship when I didn't know about opportunities of getting high yields on investments. I was a dump and downright pessimistic person.
I have never imagined that there weren't any need in big initial investment.
Nowadays, I feel good, I started to get real money.
It gets down to choose a correct partner who utilizes your funds in a right way - that is incorporate it in real business, parts and divides the profit with me.
You can get interested, if there are such firms? I have to tell the truth, YES, there are. Please get to know about one of them:
http://theinvestblog.com [url=http://theinvestblog.com]Online Investment Blog[/url]
Post a Comment