Sunday, April 29, 2007

401K Update

Here’s the current make up of my 401K retirement plan. I’ve actually increased my contribution to 20% from 18% of my gross pay. In January I lowered my 401k contribution all the way down to 6% just to take advantage of the maximum company match, but I noticed the net take home pay didn’t increase much. A lot of my pay just went straight to taxes so I decided to crank it all the way up to 20%. It’s a bit painful, but it’s nice to see the $$$ growing in the retirement account…


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