My company only does raises once a year in July. Its so awesome to run the numbers after getting a raise and realize I needed to DECREASE my 401K contribution percentage so I wouldn't hit the max too soon (my company wont match unless you contribute). The same showed true for my DH's percentage too. Before MMM I would run the numbers to increase my 401K contribution 1-2% to keep my take home about the same, what a difference a couple years make!! Anyone else enjoy running the numbers after a raise and finding the same? :-)
That's awesome NotJen that you get to set the dollar amount instead of percentage. I wonder how common that is? It would make it a lot easier to hit the max at the right time. But I can also see how that could make things a little boring! No need to look at your contribution rate more than once I year I would think! I have to do it several times a year to try to get the max right at the last paycheck, haha.