Timeline for Contribution date for retirement account vs IRS Annual Limit
Current License: CC BY-SA 3.0
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Oct 19, 2017 at 6:03 | history | tweeted | twitter.com/StackFinance/status/920893057821704192 | ||
Oct 19, 2017 at 0:30 | comment | added | user102008 | If your company specifies that they pay at the end of the month, then the contribution at the end of December will count for this year. But some companies pay on the 1st of the month, in which case the contribution will be on January 1st which will count under next year, even though the paycheck would be for "work" that was done this year. | |
Oct 19, 2017 at 0:18 | history | edited | Chris W. Rea |
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Oct 19, 2017 at 0:17 | vote | accept | pbristow | ||
Oct 18, 2017 at 23:22 | answer | added | Rocky | timeline score: 4 | |
Oct 18, 2017 at 23:12 | comment | added | DSway | Probably depends on the arrangement between your employer/payroll and the retirement account provider, but mine have always been counted in the previous year. I've had 3 different employers with different payroll companies and different retirement account managers. | |
Oct 18, 2017 at 22:55 | review | First posts | |||
Oct 19, 2017 at 0:28 | |||||
Oct 18, 2017 at 22:51 | history | asked | pbristow | CC BY-SA 3.0 |