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On Fri, 26 Jan 2007 19:44:19 -0700, Newps wrote:
Once you're eligible the plan is the same for everybody. You put in 5% and the government matches it, 5% is the most they put in. You can go up to the IRS max. Be aware that to maximize the match in a many retirement plans you need to spread out your contributions over the entire year of paychecks. I'm amazed at how many people who max out their matched retirement plans by September (or even earlier!) don't realize they're leaving at least 25% of the match on the table each year. |
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