Originally Posted by
Nantonaku
So what is the strategy to get the minimum amount of money into the MCBP and still max out the 401k by the end of the year?
set your personal contribution to the minimum that tops up to the 415c limit.
69k limit, on 345k wages. If you’ll make >345k, contribute only (69,000- (345000*.17))=10,350 of your own money.
if you’ll make less than 345k, adjust the $10,350 up to make company contribution + personal = $69,000 or less