white people problems - 401(k)

[Caliga]

Just FYI, @ 6% invested I am maxing out on employer contribution as well and I am already doing this, so I obviously agree with that piece of advice and don't need to keep receiving it.

[CountDeMoney]

First criteria is the matching money. That's immediate 100% profit for Cal, and contributing less to the 401k and missing out on it would be dumb, regardless of taxes.

[Caliga]

You forgot 'This.'

[Phillip V]

I have a Roth 401k, but my employer only matches up to 4% of my base salary.

[Ed Anger]

You forgot 'This.'

I'm writing the Kentucky colonels to have you expelled.

[CountDeMoney]

I have a Roth 401k, but my employer only matches up to 4% of my base salary.

Be careful;  mine matched 6% with an additional 50% match up to 8%, and you see where that got me.
4% may just be enough not to bother the shareholders with your lack of value.

[The Minsky Moment]

Al -

If you have a pre-tax (deductible contribution) 401(k), what happens at death - does the basis step up to make it effectively non-taxable to the reicipient (aside from taxes levied on the estate?)

[alfred russel]

Al -

If you have a pre-tax (deductible contribution) 401(k), what happens at death - does the basis step up to make it effectively non-taxable to the reicipient (aside from taxes levied on the estate?)

I don't know, but I don't think so.

[Scipio]

Keep going in the 401k like you are. Any that you want to add to your retirement savings over and above that, put in the IRA.

This.

Free money is worth the tax hit, but when the match ends, go into a Roth IRA.

[dps]

You guys are making a lot of bread.

Sure, not everybody has enough income to be even able to consider maxing out (Lord knows I don't), but if you do have that much income you should max out your retirement. 

[C.C.R.]

You guys are making a lot of bread.

Sure, not everybody has enough income to be even able to consider maxing out (Lord knows I don't), but if you do have that much income you should max out your retirement.

I make jack shit, but 100% match up to 5% is 100% match up to 5% -- my damned Weiner Kids can eat Ramen for breakfast, lunch & dinner before I'll pass up free money...

[dps]

You guys are making a lot of bread.

Sure, not everybody has enough income to be even able to consider maxing out (Lord knows I don't), but if you do have that much income you should max out your retirement.

I make jack shit, but 100% match up to 5% is 100% match up to 5% -- my damned Weiner Kids can eat Ramen for breakfast, lunch & dinner before I'll pass up free money...

We weren't talking just about maxing out your employer's contributiion--we were talking about putting the maximum allowed by law into your 401K or IRA.

[C.C.R.]

We weren't talking just about maxing out your employer's contributiion--we were talking about putting the maximum allowed by law into your 401K or IRA.

Yes.  I employed an old Languish trick of changing the subject of a thread to interest me & help improve my poor self esteem.  Did I ruin the thread?

[dps]

We weren't talking just about maxing out your employer's contributiion--we were talking about putting the maximum allowed by law into your 401K or IRA.

Yes.  I employed an old Languish trick of changing the subject of a thread to interest me & help improve my poor self esteem.  Did I ruin the thread?

Meh, an ACW hijack would have been better.

[Baron von Schtinkenbutt]

Yes.  I employed an old Languish trick of changing the subject of a thread to interest me & help improve my poor self esteem.  Did I ruin the thread?

Meh, an ACW hijack would have been better.

If the US Army had better 401(k) matching than the CSA, they would have gotten more of the good generals at the start of the war.