Originally Posted by
scambo1
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I personally contribute 28% to my retirement each year - in order to hit the 415C (happens around sept) Then the contribution is automatically stopped and restarts automatically in January.
In my book, that IS a 28% pay raise.
And yes, I DO want to make more in retirement than a 777A makes today. Don't you?
Scambo
How do you do that - your max contribution to your 401K is $16,500 and another $5,500 if you are over 50 for catchup contributions. If you contribute above that it's not tax deferred.