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re: Reduce 401K contributions?
Posted on 3/19/20 at 9:50 am to castorinho
Posted on 3/19/20 at 9:50 am to castorinho
quote:
Then your job security is great, and your recurring source of income is not affected...
Correct, I’ll treat buying company stock as buying other stock right now ..as a buying opportunity.
1
Posted on 3/19/20 at 9:52 am to bstew3006
That’s fine. Just risky.
Posted on 3/19/20 at 9:53 am to jimbeam
quote:
That’s fine. Just risky.
Lol this whole market is
You sitting on the sidelines or did you buy on the way down?
This post was edited on 3/19/20 at 9:57 am
Posted on 3/19/20 at 10:02 am to DropaDeuce
quote:
I just thought this would be a good time to spruce up the ole 401k and make adjustments to fit the current circumstances.
probably too late for that
Posted on 3/19/20 at 12:11 pm to DropaDeuce
quote:
Reduce 401K contributions? by DropaDeuce
NOOOOO. I buy stock with my contributions so i'm getting more shares for my money right now and they're sure to go back up to where they were before this virus crap. Leave it the same if you buy company stock with your contributions like I do.
Posted on 3/19/20 at 1:14 pm to bamaatlsu
Normally I adjust mine. But I’m leaving my contributions at 20%, until I reach the max of 25,000 then I’ll put it into a post tax account that I can put up to $45,000. I usually put about 15,000 in that account
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