Originally Posted by
fanaticalflyer
If you elect to have it go into your retirement, all of it goes in untaxed, is that correct? But otherwise it's taxed when receiving it in your pay check.
Your monthly income is X and is mostly consistent. Your profit sharing is Y and is variable. Your desired retirement savings is z and idealy is a number for which you have a plan. It is highly unlikely that your savings taken out of your regular check will hit the limits as a new hire.
Save as much as you can from your regular check ALWAYS, and there will be no need to worry about the size or tax treatment of your PS check.
If after getting your PS check you feel "richer" and want to save more simply up the percentage taken out of your remaining monthly checks until you hit your new target.
Bottom Line: Unless you are hitting the max deferral with your monthly income there is no need to even consider trying to defer your PS.