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Financial Planning / Foolish 401(k)s


Subject:  Maximum Contribution Rate Increased! Date:  3/30/2003  12:06 AM
Author:  southwesternfool Number:  16038 of 26344

I received a notice today that the contribution rate on my 401k account has increased from %15 to %50 percent of salary! I was amazed at this announcement. Especially since I was asking this question not long ago.
Now I can contribute to the 2002 IRA and "catch-up" for the 2003 401k contribution later this year!
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