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re: If I rollover my former employee's 401k to my IRA

Posted on 12/24/14 at 11:04 am to
Posted by Powerman
Member since Jan 2004
162266 posts
Posted on 12/24/14 at 11:04 am to
quote:

I completely agree. I was blown away by the guy who thought he had been maxing out his 401k by putting in 15%. Literally speechless.

I think when I signed up with my company they would allow you to put up to 90% in

I can't imagine why anyone would want to do that though

I assume that the employer would stop taking it out once you hit the yearly max?
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