NorthShoreBuck
True Madness Requires Significant Intelligence
Maybe we can keep this one off the political board.
You can invest up to $14,000 this year with a $4,000 kicker if you are over 50.
The only gotcha is if you make more than $95K. You are then considered a highly compensated employee and the rest of the employees need to kick in to theirs or your amount is cut.
So do you have a 401k?
Does your company match? How much?
How much are you putting in?
I know teachers and the self employed are covered under other programs so what are your options?
How about investment options?
My company is matching 50%.
Last year they bumped it up to 65% in a one time deal.
I may try to max out, $21K a year for the next 20-25 years and I should not have to worry about Social Security.
Nice diversified funds, smallcap appreciation, midcap value, large cap G&I, foreign stocks, bonds and some natural resources.
Just don't get divorced or die young!
You can invest up to $14,000 this year with a $4,000 kicker if you are over 50.
The only gotcha is if you make more than $95K. You are then considered a highly compensated employee and the rest of the employees need to kick in to theirs or your amount is cut.
So do you have a 401k?
Does your company match? How much?
How much are you putting in?
I know teachers and the self employed are covered under other programs so what are your options?
How about investment options?
My company is matching 50%.
Last year they bumped it up to 65% in a one time deal.
I may try to max out, $21K a year for the next 20-25 years and I should not have to worry about Social Security.
Nice diversified funds, smallcap appreciation, midcap value, large cap G&I, foreign stocks, bonds and some natural resources.
Just don't get divorced or die young!