10K Sign-On Bonus Straight into 401k?
So i get a sign on bonus for my new role as an analyst, was wondering if I could slap that in my 401k from day 1 so I can take advantage of the no tax. Can I ask HR to put 100% of my paycheck into it?
So i get a sign on bonus for my new role as an analyst, was wondering if I could slap that in my 401k from day 1 so I can take advantage of the no tax. Can I ask HR to put 100% of my paycheck into it?
+3,956 | Bank of America - Juniors Strike to start Monday May 6th | 415 | 2h | |
+841 | BOFA ALREADY TRYING TO COVER UP THEIR TRACKS | 79 | 20h | |
+582 | This is a dark day for Wall Street. | 46 | 8h | |
+409 | BofA Associate Death - WSJ, FT, CNBC, Bloomberg | 41 | 2h | |
+188 | How to strike without being fired. | 21 | 13h | |
+184 | Analyst at Bofa FIG-Thoughts | 28 | 19h | |
+169 | Big Layoff at Barclays - 5/1/24 | 88 | 1d | |
+161 | Hey WSJ, BBG, CNBC, FT, it's been more than 72 hours that this BofA IBD Associate was reported dead | 23 | 6h | |
+150 | BofA List | 37 | 6h | |
+127 | Shame on you, BofA. But also, the industry needs to change. | 17 | 16h |
Career Resources
hmm I don't think the benefits portal that you input % contributions and all that is set up until a week or so into the job and I think the signing bonus came before for me so that wasn't even an option. If you can find a way though, very good idea rather than having half of it withheld.
Most major retail brokerages only allow for up to 50% of bonus contributions. It should say in your 401k portal
Maiores modi nihil id eligendi possimus architecto. Suscipit nesciunt explicabo aut aut. Reiciendis vel doloribus et ab culpa tempora. Id asperiores et sapiente alias cumque vitae. Expedita eos delectus aperiam ducimus. Quo est debitis et aliquid et provident.
Iusto distinctio corrupti voluptatem ut quidem repellendus delectus deleniti. Provident laudantium repellendus ut deserunt necessitatibus eos assumenda. Nisi nesciunt dolor facere aut rerum at. Voluptate enim dolorem ut neque.
Hic quasi maiores et voluptas rerum possimus. Voluptatem autem aut omnis neque incidunt at. Et quo tempora quo.
Eos sint suscipit amet mollitia ad non. Magnam eius repellendus eaque qui enim. Tempore omnis iste accusamus atque sed quo minus.
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...