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Author: MarinBMWZ4 Big red star, 1000 posts Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76237  
Subject: Re: 401k problem Date: 11/30/2006 1:07 AM
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Oh well, lesson learned: don't forget about 401k until the end of the year
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I take my base hourly rate, multiply buy 40 (hours per week) and then multiply by 26 (weeks)to get my annual estimated salary. This does not include OT, call pay and other additional monies. Then I take the annual amount I can contribute (in my case $15k) and determine the percentage to withdraw per pay period to meet that number. adjust my withdrawals accordingly, knowing full well that OT and other monies will help me hit that max before the year end.

Rinse and repeat.

MZ4
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