Monday, January 09, 2006

2 Million's 401(k) Gotcha

2 Million has a good reminder article on 401(k) contributions. The basic premise is that you should make sure to use those 401(k) calculators to ensure that you are making contributions all year. You will miss out on some of your employers match if you max out your 401(k) early.

This will become even more important for us when our plan changes from matching 50% of our first 6% to 100% of our first 6%. We do not want to miss out on those matches.


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