How to contribute to 401k reddit. Here’s our guidelines on 401(k) contributions.

How to contribute to 401k reddit. Nov 21, 2024 · As a Reddit user, you’re likely faced with the question: "How much should I contribute to my 401k?" It’s a crucial decision that can have a significant impact on your financial future. Right now i am contributing 20% Roth to my 401k. In this article, we’ll provide you with a comprehensive guide to help you make an informed decision. The poster is 26 I just graduated college, no debt, and living at home for the time being. . How to Determine Your 401k Contributions Before we dive into the nitty-gritty, let’s start with the Jan 8, 2025 · Deciding how much to contribute to your 401(k) is a choice that can shape your future so you must make informed choices. personalfinance) submitted 4 hours ago * by kitty__tats Dec 11, 2024 · Figuring out how much to save in your 401(k) can be complicated. One Reddit user recently asked for help with this issue. Welcome to Reddit, Become a Redditor 13 14 Retirement How much should I contribute to 401K monthly with 50% employer match at age 24? (self. Contribute post-tax to 401k and covert to Roth either in same 401k plan or to Roth IRA. I just started my new job and i heard that you should invest as much as you can if you are able to. My In your situation, I would use the 401k option as a pre-tax savings vehicle and increase your monthly percent to reach the maximum IRS contribution limit (23k for 2014) which means you could increase the percent until about 1,900 is removed each month pre-tax from your paycheck. I don’t get my employer match until a year after working, but my employer contributes 10% of my salary every year regardless (it’s only fully vested after 6 years). Here’s our guidelines on 401(k) contributions. The path may depend on your employer's plan offerings if it allows it at all. wkqq yvtze lio zdz wvmhocj iorafw anm shizxo aetmj qsjao