Good news from the office. Due to her blatant stupidity (getting completely plastered then showing up to work… and then getting quite sick), a coworker of mine is not going to be with us after the start of the year.
This means I’m getting a new position and a pay increase in January, which will be followed shortly by a merit increase and annual bonus. I may be looking at a promotion in the next few months as well if I keep working hard. On top of this, I’ve been putting in crazy overtime. As a non-exempt employee, overtime is a great help to my finances.
Speaking of finances, there will be an update soon, but possibly not until after the new year begins. I should talk about my annual benefits enrollment… Put simply, I chose the least expensive health and dental plans (not including catastrophic). I’m still putting 12% of my pre-tax salary into a well-balanced 401(k) and maxing out my Roth IRA.
If you have automatic contributions to your Roth IRA, remember that in 2005 the maximum yearly contribution has been raised from $3,000 to $4,000. That’s about $333.33 a month next year, so you might want to change your automatic withdrawal plan if that is your method of choice.
Updated May 17, 2011 and originally published December 14, 2004. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @flexo on Twitter and visit our Facebook page for more updates.