Message Font: Serif | Sans-Serif
No. of Recommendations: 0
A strategy you can use if you can afford it is to plan your contributioin such that you max out in November. It's nice to have a little extra cash in the paycheck at christmas.

The problem with this is you will miss out on the company match for the December pay periods as Cptbutton pointed out. If you make 50k a year and your company matches just 5% you could miss out on a couple hundred bucs of company match for December.
Print the post  


In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.