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Learning, Sharing, and Teaching => Investor Alley => Topic started by: pirate_wench on November 25, 2014, 06:11:43 PM

Title: another 401(k) question -when do contributions get counted?
Post by: pirate_wench on November 25, 2014, 06:11:43 PM

Can't find an answer on the googlewebs. Trying to max out my 401(k) this year. My company takes a few weeks to deposit the money into fidelity after i get my paycheck. Knowing this, will money taken out of my last paycheck of 2014, but deposited in January 2015 count for 2014 or 2015?

Title: Re: another 401(k) question -when do contributions get counted?
Post by: seattlecyclone on November 25, 2014, 06:14:17 PM

It counts on the day you receive the paycheck.

Title: Re: another 401(k) question -when do contributions get counted?
Post by: pirate_wench on November 25, 2014, 06:16:47 PM

Thanks!!! I knew I was over thinking it :)