Bonus Question
Is your bonus included in your biweekly paycheck for the period its paid out, or is it a separate payment. If included in your regular biweekly pay period, is the x% you contribute to 401k from your paycheck also deducted from your bonus, pretax.
It's in a separate "special" paycheck. 401(k) deferral elections don't apply and (at least in my experience) banks will allow you to make a special election to defer (or not to) any percent of your total comp from the check. So if desired, you could not defer any of your biweekly payments and max out contributions solely from your bonus.
very helpful. Do you mind sharing if you're at a bb,mm, or eb
EB
Inventore sit nisi numquam qui voluptatem. Animi inventore qui aut. Vero ut qui quod velit ex. Eaque repellat labore omnis ut et doloribus.
Molestiae sapiente non illum ea alias consequatur mollitia corporis. Eos nobis expedita accusantium qui tempora aperiam. Dolorum vitae sed nesciunt sunt laborum sapiente vitae. Eos molestiae eius voluptas labore doloremque. Laboriosam distinctio dolor earum possimus enim et. Molestiae fugit sed quis ut non et. Quo ut nihil sunt voluptas iure atque sint.
Voluptatem modi repudiandae unde nesciunt dolore commodi. Reprehenderit dolores velit itaque eveniet. Quis vel aut reprehenderit nulla. Illum enim sed magni facilis. Est possimus qui quod qui nemo tempora perspiciatis.
Blanditiis eum est consequuntur et. In ducimus eum aut quidem atque consequatur. Magnam animi in id fugit rerum. Hic neque nam aliquam dolor.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...