Yesterday, the trading window opened for my company stock, so I decided to take the opportunity to increase my 401(k) contribution. Even though raising my contribution from 4% to 6% of my salary doesn’t affect company stock (employer matching contributions, which are half invested in company stock, half invested following my allocation rules) as the match has a maximum of 4% of my salary.
This will force me to save more each month, even if I won’t realy be able to access that money for a while. It will also reduce my tax liability, which would be a good idea until either a) my income increases to be significantly higher than my expenses or b) my expenses shrink a little due to living with someone.
We’ll have to see see which happens first.