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Started By
Message
re: Proposed 401k limit -- $2400 per year
Posted on 10/21/17 at 10:01 am to GREENHEAD22
Posted on 10/21/17 at 10:01 am to GREENHEAD22
quote:
And we are still going to get screwed on our company match because I don't see many companies continuing to give the percentages their matching if you are not also contributing that much. $2,400 is about a little less than 2% for me and right now I put in 6% which my company matches, I highly doubt they're going to make up the other 4% on their own as a goodness of their heart.
The way I’m understanding is the $2400 would be the pre-tax maximum. You can still contribute post-tax and your company would be able to match.
1
Posted on 10/21/17 at 10:03 am to Golfer
And responsible people will still do that, but it really hurts their ability to lower taxes and the new plan won't help.
So basically, people who don't save, no change. People who do, get fricked.
So basically, people who don't save, no change. People who do, get fricked.
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