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I just found out from my company that due to the type of 401K that my contributions can only be about 3% per year now. They are looking at changing the type of 401K that we have but it has something to do with me being one of the top (and few) wage earners in my company and the contributions having to be spread evenly across all participants? I do not understand what this means and what other vehicles I should consider. I typically contribute 12-15% of my $90-95K per year and now I find that my plan will be returning the excess to me which might get be audited by the IRS as well(??!!) I dwell in Utah if thast makes any difference.


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