Author Topic: 401k over-contribution issues, repeating the same warning I posted over at BH  (Read 383 times)

ctuser1

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<This is a very US specific issue>

Since this board is full of over-savers, I thought I'll repeat here what I posted over in bogleheads a few months ago.

Basically, if you over-contribute to 401k such that you go over the limit before the Dec 31 paycheck, then you may not be getting the full employer match you *could* get if you stretched out the contributions till the Dec 31 paycheck!!

Some employers have a "true up" process

For more details, nuances, and discussion - maybe you can look at the bogleheads thread (are we allowed to link it?): https://www.bogleheads.org/forum/viewtopic.php?f=2&t=280331