I recently moved to a new company that suggested I should withdraw the 18.5k that I put into my 401k (with Microsoft matching) and “re-deduct” it from my remaining paychecks to receive the company match again. The customer support at fidelity wasn’t sure if this is allowed or not and was wondering if anyone had experience with this.
YOE: 2
TC: ~330k
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If you are interested, consult an accountant. If you decide not to pursue it, I’d actually keep the money with Fidelity - much better than Paychex (or roll it into an IRA).