Leaving job for one with worse benefits-- put next paychecks into 403b?

[VTKate]

Hi All,

I haven't been able to find much advice on this topic searching the forums or the wider web. I'm about to switch jobs-- going from a non-profit with great benefits to a young start up with fewer benefits. My current job has a 403b, the new one doesn't. My salary will be about the same. As I've been saving for a deposit on a house, I have a pretty good cushion in my savings account right now. I've been contributing to the 403b in a way that would max out my contributions. I also have an HSA where I am not maxing out the contributions.

My question is, should I put all of my remaining paychecks into the tax preferred 403b account? I still wouldn't come anywhere close to the limit, but it'd be something.

Thanks in advance for your advice!

[terran]

Sounds like a good idea to me as long as you keep a bit for an emergency fund and you're fine holding off on a home purchase until you can save back up.

[NoStacheOhio]

If it doesn't create a cashflow problem, then absolutely. You may not be able to put 100% in (because plan rules and FICA), but increase it to the limit for sure.

You'll never get that tax deferred space back.

[VTKate]

Thanks for the advice-- i just upped to 100%