The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  401k Contribution Date:  8/9/1999  9:07 AM
Author:  jnichols427 Number:  12989 of 87981

I'm in the process of trying to decide how much to contribute each month to my 401k plan. My company allows up to 15% Pre-tax and they match up to 6%. What are the benefits of contributing more than what my company will match? I also have several DRiPs which I would still like contribute to on a monthly basis. Is there a limit to how much of a tax benefit it is to contribute Pre-Tax?

Thanks in advance.

Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us