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Author: foolarado Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121482  
Subject: Re: Matching Plans Date: 8/1/2002 1:28 PM
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You are correct on hitting the limit of 11k before the end of year. Most companies have a form you can fill out that will monitor your contributions and readjust the percentage each pay period so you are close to right on at the end of year and don't miss any valuable company matching. This is especially helpful if your salary adjustments occur mid year and you expect to hit the max.


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.
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