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Max out my 401(k) in 2009


 

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sabrina doesn't want to be buried in a pet sematary!

Ha. 10 months ago

I forgot to re-adjust my withholdings at the end of last year. Since I had changed my withholdings in January of that year, to start out maxing them then for the very first time ever (!), they were actually much higher than $15,500/24 paychecks. Since I haven’t adjusted them yet, they actually work out to $16474.56 right now… so I need to change them to take up that extra $25 to max them this year. Convenient that I don’t have to make a huge adjustment for my remaining 20 paychecks! :)



sabrina doesn't want to be buried in a pet sematary!

Here's hoping 2009 is better than 2008 12 months ago

I managed to max out my 401(k) in 2008, which was both difficult and very annoying (when everything hit the fan and it lost 45% of its value).

Now at least I know I can get by with a huge chunk of my salary taken out… even more this year, since the 2009 limit is increased to $16,500… so I’ll do it again, but I will just keep my fingers crossed for less disappointment. If it loses 30% of its value, that’d still be an improvement over 2008!




 

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