How much do you contribute to your 401k?
How much do you contribute to your 401k? I have mine set to 5% auto contribution but some say to do more. Any suggestions?
Analyst 1 with salary of 100k
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Max that shit out. You make so much money with bonus that it’s good to max out tax-advantaged retirement accounts.
Maxing it out ($23k for 2024)
$46k myself + company match of $23k. 46 of that 69 is Roth.
Hit IRS maximum every year so I’ll have a bunch of tax free money in retirement. Gonna be dope.
Should at least do your employer match minimum. Contributing 8% with match. So have a good chunk in there, but still looking to maintain liquidity
Have heard this as well
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