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Financial Planning / Foolish 401(k)s


Subject:  Fast Question Date:  12/6/2007  3:41 PM
Author:  4inthefamily Number:  22706 of 26105

I had timed our 401(k) contributions to "max out" with our last paycheck this year. My husband's employer matches 100% of the first 4% of our contribution. I just received the stub for his December 7 paycheck which includes his end-of-year bonus and found that (differently than last year) they took 401(k) money from his bonus and now it is maxed out for the year.

Here's the question. Obviously, they will not be taking any 401(k) money from our next check - the last of the year, but will we still get the 4% match since our contribution rate is still set above that amount?

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