As I mentioned recently, I am now eligible to participate in my company’s Roth 401(k). I spent some time yesterday to adjust my 25% pre-tax 401(k) contribution in order to take advantage of this offer. Even though the calculator I mentioned earlier told me I’d likely benefit the most from depositing my full contribution to the Roth, I decided to split the contribution almost evenly—13% vs. 12% of my salary in favor of the Roth.
Depending on how things go with alternative income next year, I hope to increase my total contribution to fully maximize my 401(k) contributions to the $15,500 limit.
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