The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing

URL:  http://boards.fool.com/rhinct-there-is-of-course-something-you-can-do-28866839.aspx

Subject:  Re: 2011 401(k) --limit remains unchanged Date:  11/3/2010  8:22 PM
Author:  madbrain Number:  67664 of 88752

RHinCT,

There is of course something you can do about that, work for a company that has a safe-harbor provision, which means HCE compensation does not apply. Or lobby your HR to change the 401k plan. I used to be subject to HCE limitations too back from 2000 through 2004, but no more since working at different companies. The ability to contribute more has really made a difference in my retirement nest egg, despite very variable returns.
Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us