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re: What to do with extra monthly cash flow in my scenario?
Posted on 1/15/15 at 5:27 pm to jimbeam
Posted on 1/15/15 at 5:27 pm to jimbeam
quote:
How can your company limit what you put in a 401k?
Welcome to the world of 401K testing... as a group, highly compensated employees can't contribute a higher percentage of pay than non-highly compensated employees (there is a little wiggle room).
You can get out of this testing by having a safe harbor plan.
1
Posted on 1/15/15 at 5:28 pm to LSUFanHouston
Wow I had no idea
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