- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Proposed 401k limit -- $2400 per year
Posted on 10/21/17 at 10:22 am to Teddy Ruxpin
Posted on 10/21/17 at 10:22 am to Teddy Ruxpin
You are making assumptions that the person does not require liquidity in the near term. Young, single people have student debt, are going back to school and need to pay tuition, are saving for a home purchase, and building an emergency fund, etc.
Anecdotally, I could easily fully fund a 401k but choose liquidity over it. I’ll always put at least the amount my company matches but excess is not the right decision for me at this moment in time.
Anecdotally, I could easily fully fund a 401k but choose liquidity over it. I’ll always put at least the amount my company matches but excess is not the right decision for me at this moment in time.
2
Posted on 10/21/17 at 10:25 am to lynxcat
From what I can tell the tax bands (which haven't been formally announced) won't help me.
Posted on 10/21/17 at 10:29 am to lynxcat
quote:
You are making assumptions that the person does not require liquidity in the near term. Young, single people have student debt, are going back to school and need to pay tuition, are saving for a home purchase, and building an emergency fund, etc. Anecdotally, I could easily fully fund a 401k but choose liquidity over it. I’ll always put at least the amount my company matches but excess is not the right decision for me at this moment in time.
I'm 32. He's making roughly 120k a year. Unless he paid full rate to law school or MBA, his debt load is very manageable.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News