Apple matches the first 6% of base but that ends up being short of the Max contribution (19k) Was curious whether others max out their 401k or just do enough to match their companies 401k and your basis for doing so. My major concern is the frothy markets that are overdue for a correction. The downside of course is I have a larger taxable income
Doesn't Roth IRA give you tax-free distributions upon retirement age? I mean, that would be my target if I felt I had enough disposable income than max out the 401k.
Should I contribute to Roth then or 401k? I assume at retirement my income will be lower so I won’t pay much taxes on 401k
It's a gamble one way or the other. I think the limit for contributions on Roth IRA is lower than 401k though. So might be able to save faster with 401k with pre-tax money, right? Just assuming that taxes now will be less than later for Roth IRA.
How much of the 6% is Apple matching?
50% in the first 2 years
I contribute up to employer match, then max ira and then leftover funds go to 401k
Do you like giving trump your tax money?
I max out HSA, 401k, and IRA, and invest on top of that. It is a privileged position for sure. I do live a very frugal life though so that helps.
No HSA for me, I do have an HFSA through that has $500 which rolls over year over year
Google matches 50% of contributions up to the max, so I'm not sure how to answer your poll. I would still max it out even if they didn't tho
I max out my 401k(without employer matching) and my IRA.
Max contribution is 19k btw
Max 401k, backdoor Roth IRA, HSA. Really need to max the wife's 401k next year..
Company contributions don't count towards max