Author Topic: another 401(k) question -when do contributions get counted?  (Read 1499 times)

pirate_wench

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another 401(k) question -when do contributions get counted?
« 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?

seattlecyclone

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Re: another 401(k) question -when do contributions get counted?
« Reply #1 on: November 25, 2014, 06:14:17 PM »
It counts on the day you receive the paycheck.

pirate_wench

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Re: another 401(k) question -when do contributions get counted?
« Reply #2 on: November 25, 2014, 06:16:47 PM »
Thanks!!! I knew I was over thinking it :)