Misc.May 29, 2019
ApplemNueH

Do you max out your 401k?

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

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Qualtrics bjinoffice May 29, 2019

Company contributions don't count towards max

FIS mEff62 May 29, 2019

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.

Apple mNueH OP May 29, 2019

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

FIS mEff62 May 29, 2019

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.

Microsoft MSFTBRO May 29, 2019

How much of the 6% is Apple matching?

Apple mNueH OP May 29, 2019

50% in the first 2 years

Qualtrics bjinoffice May 29, 2019

I contribute up to employer match, then max ira and then leftover funds go to 401k

Apple mNueH OP May 29, 2019

Why max our Roth IRA and not 401k?

TI asianandy May 29, 2019

More investment options usually no fees

Google xfgsxgtr May 29, 2019

Do you like giving trump your tax money?

LogMeIn fbdbdnfm May 29, 2019

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.

Apple mNueH OP May 29, 2019

No HSA for me, I do have an HFSA through that has $500 which rolls over year over year

Google 🍑☁️ May 29, 2019

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

Finale Inventory huHG50 May 29, 2019

I max out my 401k(without employer matching) and my IRA.

TI asianandy May 29, 2019

Max contribution is 19k btw

Athenahealth jRfJ36 May 29, 2019

Max 401k, backdoor Roth IRA, HSA. Really need to max the wife's 401k next year..