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Author: raster Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75339  
Subject: 401k and tax Date: 4/6/1999 12:27 AM
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i maxed out my 401k for 1998. Therefore, $10,000 was
my tax deferral,meaning though i earned $65K for 1998,
i paid tax for only $55k.

this year, by initial estimates i planned to put only
$8500 into my 401k,and my deductions have been
according to this. However, now i believe i can find
the resources to make the $10k. But, my company's plan
doesnt allow this.

is there some way i can invest the $1500 someplace,
and get a $10k deferral for 1999 ? like buying an IRA
etc. ?

thanx,
raster

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