5
votes
4answers
702 views

At what point is it most advantageous to cease depositing into a 401k?

I have a spreadsheet that shows me some various statistics about my 401k and I notice that assuming an average overall growth of 10%, my 401k contribution will be less than 1% of the yearly gain of ...
3
votes
3answers
84 views

What ways can I contribute closer to the the IRS employee/employer combined 401k contribution limit?

In 2014, the IRS maximum 401(k) contribution for an individual is $17,500 but the combined individual/employer maximum is around $52k. One way to have the combined total higher is to simply increase ...
12
votes
1answer
951 views

Can I make a lump sum contribution to my employer's 401(k) plan?

I recently sold a rental property and have a surplus of cash sitting around. If possible, I'd like to make a lump sum contribution to my employer's 401(k) plan. Is that possible? Or would I need to ...
2
votes
1answer
125 views

How much more can I contribute to my 401(k) this year after I made some Roth IRA, Roth 401k, and 401k contributions?

I've just started a new job, and would like to max out my pre-tax 401(k) contributions before year end. I have contributed to various other investment accounts earlier this year and am struggling to ...
4
votes
1answer
246 views

Why is the total 401(k) contribution limit (employee + employer) so high?

The 2014 employee contribution limit is $17,500. The 2014 total contribution limit is $52,000. (Provided they're not capped earlier based on low income.) Meaning the IRS has left room for a ...
4
votes
1answer
99 views

What happens to the gains or losses made on the non-vested portion of a 401k after you leave your job?

If you leave a company that matched 401k contributions before the vesting schedule is complete, the non-vested money is returned to the employer. I'm curious what happens to the gains/losses on the ...
3
votes
1answer
110 views

Married couple, high combined income: Can we contribute to IRA, on top of 401k?

My wife and I earn between $180,000 and $210,000 combined. The amount varies due to job changes and side consulting. She puts about 4% of her salary into a 401k which is fully matched. I put in 6% and ...
1
vote
3answers
381 views

Why do employers require you to spread your 401(k) contributions throughout the year to get the maximum match?

I think the title says it all. I can't see any reason employers have to incentivize employees to contribute to their 401(k) evenly throughout the year. Instead couldn't they use a relatively simple ...
9
votes
3answers
221 views

Employer limits total 401K contribution to below IRS max. How can we max out our pre-tax contributions?

It looks like my wife's employer is limiting her 401K contributions to 15% of her salary. This means we cannot max out the $17.5K contribution limit set by the IRS. Say her salary is $70K and we are ...
2
votes
1answer
65 views

When a 401k plan cites a percentage of salary, e.g. for matching, is it pre-tax, or post?

Referring to How 401(k) plans work: What does "pre-tax" really mean? Let's do the math to see the advantage of pre-tax saving. For example, you may decide you want to put $200 into your ...
3
votes
1answer
208 views

Does it make sense to max out contributions earlier in the year?

Let's say a person is making regular monthly contributions to his/her Roth IRA, HSA, and 401K with employer match, up to annual limits. All contributions are put into index funds. Assuming this person ...
3
votes
1answer
192 views

100% Contribution to 401K / Payroll Taxes

This is actually a followup question to a previous post: Tax implications for a 100% 401k contribution limit I mistakenly posted it there first as an answer. I'm new here ... Sorry! My question ...
0
votes
1answer
221 views

Will I face withdrawal penalties if my payroll processing company reverses an incorrect 401K contribution?

In my last paycheck, the payroll processing made an error and deducted an extra amount for the 401K from the paycheck. I caught it as soon as I checked the paycheck, but by the time someone got to the ...
3
votes
2answers
5k views

Over contribution to 401K between two employers, and maximizing employer match? [duplicate]

I have a situation like this: I worked for an employer this year from January to May and contributed $14,500 to my 401K. There was no matching from this employer. In mid-May time frame, I changed ...
3
votes
3answers
347 views

How to calculate tax amounts withheld on mixed pre-tax and Roth 401(k) contributions, and match?

My employer matches dollar for dollar up to 6% in our 401k. For simplicity's sake, I'll speak in round fictional numbers: So suppose my traditional 401k contribution has been $600/month, and the ...
3
votes
1answer
88 views

Can I still deduct contributions to my Traditional IRA?

I worked as a consultant on W2 from January 2012 until October 2012. My company did not offer any 401k. In November 2012, I got a full time job and the new company offered a 401K and enrolled me in ...
4
votes
2answers
126 views

401k Catch up Provision - Limits on timing?

My girlfriend, a Highly Compensated Employee (HCE rules in effect), has her 401k contributions in check by her plan and HR. However, she is also 50+, thus eligible for the Catch Up provision for $5500 ...
3
votes
1answer
540 views

401k Contributions + Employer Match be greater than Maximum Contribution?

This year, 401k contributions are capped at $17,000 per person. So let's say somebody contributes this amount and is matched maybe 8% by their employer each contribution period. Can the total amount ...
1
vote
2answers
245 views

Toward which year would an end-of-the-year 401k contribution apply?

Hypothetically, if a person's pay period ends on Dec 31st 2012, and they get that paycheck the next week (as in, 2013), which year's contribution limit would any 401k contribution be applied toward?
3
votes
2answers
694 views

Mandatory 401k contributions when a company's plan provider changes?

My company is changing 401K providers. I know I must rollover my funds from the original co. to the new 401K provider, but I did not want to contribute any additional monthly monies to the new plan. ...
7
votes
3answers
273 views

How should I be contributing to my 401(k), traditional or Roth?

My company just started offering an 401k plan in place of a Simple IRA. I am able to contribute into my 401k two different ways, traditional or roth. From the way I understand it, traditional ...
17
votes
3answers
350 views

Why is there such disparity of max contribution limits between 401K accounts and regular IRA accounts?

In 2011, regular IRA accounts allowed only $5,000 maximum contribution, while 401K accounts allowed up to $16,500. Why is there such a disparity? Why do tax advantages favor employees of large ...
5
votes
2answers
628 views

Are 401(k) contribution limits for employee & employer separate? What about hitting the limit?

I am glad to see this forum. I have been reading a lot and have some questions about me specifically. I am 29 years old and have a 401(k) already with my company. I just started contributing 10% to ...
2
votes
2answers
856 views

401(k) contribution limits & job change: How to prevent over-contributing at new employer?

My wife is changing jobs, and we are trying to figure out how to deal with her 401(k) contributions. She contributes the maximum allowed, and depends on her employer to stop deducting when the limit ...
5
votes
1answer
103 views

Can I deduct a contribution to an IRA if I also contribute to a 401(k) in the same tax year?

Can I deduct a contribution to a traditional IRA if I am also contributing to a 401(k) in the same tax year?
18
votes
5answers
679 views

How much should I be contributing to my 401k given my employer's contribution?

I realize that this is similar to at least one question here, however, there are some differentiators. I can contribute a max of 5% of my net salary to the 401k fund. The employer matches 50% of ...
20
votes
2answers
263 views

Do traditional and Roth 401k have the same annual contribution limit?

According to everything I can find, the annual contribution limit for both traditional and Roth 401k is the same ($16500 in 2010). Since the Roth is post-tax, doesn't that mean I can save more for ...
4
votes
4answers
334 views

How do I determine how much money to put into pre-tax and post-tax retirement accounts?

Is there a good rule of thumb for determining how much money to put into each type of account? I'm not at a point where I can max both my 401k, my ROTH IRA, and my wife's ROTH IRA, so I'd like to know ...
14
votes
5answers
2k views

Confusion about Roth 401K: Better for me to do pre-tax or Roth post-tax contributions?

My company offers a 401K and a Roth 401K. Given the income level of my family (married filing jointly status), IRAs aren't really an option. We're past the Roth IRA limits and get no deduction for a ...
4
votes
6answers
276 views

What factors should I take into account when deciding how much of my 401(k) contribution should go into my Roth 401(k)?

My employer allows new contributions to my 401(k) to go in as Roth (post-tax) or "regular" (pre-tax). What should I consider when deciding how to distribute my contributions between the two?
10
votes
3answers
328 views

How much should I contribute to my 401(k)?

My employer allows me to contribute a certain percentage of my salary to my 401(k). My employer will also match a certain portion of my percentage. How much should I invest in my 401(k)? Should I ...
6
votes
3answers
427 views

What are the 401K and IRA limits for next year (2013)?

Are 401K and IRA contribution limits increasing next year? If so, what are the new limits? Thank you!! (Edit - I updated question to reflect 2013, and will update my answer accordingly)