Comments on: Increase Your 401k Contribution Rate During the Beginning of the Year! http://moneyning.com/401k/increase-your-401k-contribution-rate-during-the-beginning-of-the-year/ A personal finance blog where we share insights on carefully saving money, investing, frugal living, coupons, promo codes because the little things matter in achieving financial freedom! Wed, 16 May 2012 22:05:49 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: 2million http://moneyning.com/401k/increase-your-401k-contribution-rate-during-the-beginning-of-the-year/comment-page-1/#comment-5315 2million Thu, 20 Mar 2008 12:20:32 +0000 http://moneyning.com/401k/increase-your-401k-contribution-rate-during-the-beginning-of-the-year/#comment-5315 Agree -- even making the minimum increase possible will add up over time. Agree — even making the minimum increase possible will add up over time.

]]> By: MoneyNing http://moneyning.com/401k/increase-your-401k-contribution-rate-during-the-beginning-of-the-year/comment-page-1/#comment-4027 MoneyNing Wed, 09 Jan 2008 20:50:41 +0000 http://moneyning.com/401k/increase-your-401k-contribution-rate-during-the-beginning-of-the-year/#comment-4027 Arohan: It is something that is hard to do but definitely timeless advice :) Teaspoon: This is definitely something we should all do. I'm sure that as long as you keep at working on increase your contributions and saving more money, you will maxing out your employer match in no time. Good luck. Arohan: It is something that is hard to do but definitely timeless advice :)

Teaspoon: This is definitely something we should all do. I’m sure that as long as you keep at working on increase your contributions and saving more money, you will maxing out your employer match in no time. Good luck.

]]> By: Teaspoon http://moneyning.com/401k/increase-your-401k-contribution-rate-during-the-beginning-of-the-year/comment-page-1/#comment-4011 Teaspoon Wed, 09 Jan 2008 09:29:54 +0000 http://moneyning.com/401k/increase-your-401k-contribution-rate-during-the-beginning-of-the-year/#comment-4011 Great Post. I've included as one of my favorites from the Carnival of PF. I like the concept of squeezing the 401k tournip a little at the beginning of the year. Like you say at 2% you'll hardly notice (especially as it's often pre-tax contribution). Goes along with my 2008 resolution to max my ESPP to get all of it's free money out and try and max my 401k (which isn't an easy task.). Teaspoon Great Post. I’ve included as one of my favorites from the Carnival of PF. I like the concept of squeezing the 401k tournip a little at the beginning of the year. Like you say at 2% you’ll hardly notice (especially as it’s often pre-tax contribution). Goes along with my 2008 resolution to max my ESPP to get all of it’s free money out and try and max my 401k (which isn’t an easy task.).
Teaspoon

]]> By: Dividends4Life http://moneyning.com/401k/increase-your-401k-contribution-rate-during-the-beginning-of-the-year/comment-page-1/#comment-4003 Dividends4Life Wed, 09 Jan 2008 02:39:17 +0000 http://moneyning.com/401k/increase-your-401k-contribution-rate-during-the-beginning-of-the-year/#comment-4003 That is something we should all look at at least once a year. Best Wishes, D4L That is something we should all look at at least once a year.

Best Wishes,
D4L

]]> By: Rafael Velez http://moneyning.com/401k/increase-your-401k-contribution-rate-during-the-beginning-of-the-year/comment-page-1/#comment-3968 Rafael Velez Mon, 07 Jan 2008 04:37:32 +0000 http://moneyning.com/401k/increase-your-401k-contribution-rate-during-the-beginning-of-the-year/#comment-3968 I just wrote an article on my blog about "taking control of your 401(k)". There have been many recent articles lately detailing the excessive fees in these employer-sponsored plans. You may find it interesting that there is a "way out" for participants to take full control of their plan assets into an IRA and seriously minimize their ongoing expenses through index funds or direct holdings. I just wrote an article on my blog about “taking control of your 401(k)”. There have been many recent articles lately detailing the excessive fees in these employer-sponsored plans. You may find it interesting that there is a “way out” for participants to take full control of their plan assets into an IRA and seriously minimize their ongoing expenses through index funds or direct holdings.

]]> By: Mike Huang http://moneyning.com/401k/increase-your-401k-contribution-rate-during-the-beginning-of-the-year/comment-page-1/#comment-3939 Mike Huang Sat, 05 Jan 2008 06:05:11 +0000 http://moneyning.com/401k/increase-your-401k-contribution-rate-during-the-beginning-of-the-year/#comment-3939 Interesting post, I'll keep this in mind. -Mike Interesting post, I’ll keep this in mind.

-Mike

]]> By: Arohan http://moneyning.com/401k/increase-your-401k-contribution-rate-during-the-beginning-of-the-year/comment-page-1/#comment-3928 Arohan Fri, 04 Jan 2008 20:43:46 +0000 http://moneyning.com/401k/increase-your-401k-contribution-rate-during-the-beginning-of-the-year/#comment-3928 When the market is down is precisely the time to invest more When the market is down is precisely the time to invest more

]]> By: MoneyNing http://moneyning.com/401k/increase-your-401k-contribution-rate-during-the-beginning-of-the-year/comment-page-1/#comment-3909 MoneyNing Fri, 04 Jan 2008 02:55:19 +0000 http://moneyning.com/401k/increase-your-401k-contribution-rate-during-the-beginning-of-the-year/#comment-3909 Randall: That is a very good tool for most people. Unfortunately I can't really take advantage of this since my income is a variable but I will definitely let people know about this feature in Quicken. Randall: That is a very good tool for most people. Unfortunately I can’t really take advantage of this since my income is a variable but I will definitely let people know about this feature in Quicken.

]]> By: Randall http://moneyning.com/401k/increase-your-401k-contribution-rate-during-the-beginning-of-the-year/comment-page-1/#comment-3903 Randall Thu, 03 Jan 2008 19:05:24 +0000 http://moneyning.com/401k/increase-your-401k-contribution-rate-during-the-beginning-of-the-year/#comment-3903 I found a couple of years ago after I did my year-end stuff that Quicken had a little trick that was helpful. It re-calculate my W-4 withholdings so I could contribute more to my 401k, and still end up seeing the same amount of take-home. I'd always gotten some back from taxes, so this was a neat change. (no return=no free loan to the govt). I'm sure there are on-line calculators to do the same thing nowadays. I found a couple of years ago after I did my year-end stuff that Quicken had a little trick that was helpful. It re-calculate my W-4 withholdings so I could contribute more to my 401k, and still end up seeing the same amount of take-home. I’d always gotten some back from taxes, so this was a neat change. (no return=no free loan to the govt). I’m sure there are on-line calculators to do the same thing nowadays.

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