Ok so I have another question:
As I mentioned, the $6,900 is going to be withdrawn equally from my two November paychecks. Since this is pre-tax, how does that effect my 401k contribution?
I.e. if my taxable income on one check is $10,000, and my 401k contribution is 5%, but I’m also having $3,450 pulled for an HSA, does that 5% come out of the $10,000, and then the $3,450 is pulled after?
Or:
Is the $3450 pulled from the $10,000 ($6,550), so then my 401k contribution is 5% of the $6,550?
I’m not a salary employee and I switched jobs mid year, so my current contributions have me about $1500 shy of the 401k max for the year. I want to adjust them to make sure I hit the max, but there’s these other factors involved. Between that extra $1500 and the HSA, I’m hovering right around the max limit for Roth, so I need to have everything perfectly in check. My employer also matches 5% on my 401k so I don’t want to max it out too early as well.