Direct Contribution ???
#41
weekends off? Nope...
Joined APC: Apr 2014
Posts: 1,917
Yes it matters. At my company, any overage in company contribution comes back as taxable cash in the paycheck unless you've selected some of the other investment options. If I waited too late to start my 19.5 contributions, they could just get squeezed out with no ability to get caught up.
#43
Gets Weekends Off
Joined APC: Aug 2005
Posts: 322
In that case, my point stands. If you make more than $285k this year and your company is going to contribute at least $37,500, it doesn’t matter if you max out your $19,500. You’re either going to pay taxes on the cash over cap or you pay taxes on the money you weren’t able to contribute because you reached the $57,000.
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