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Financial Planning / Foolish 401(k)s


Subject:  Contribution Date Date:  7/25/2016  1:11 PM
Author:  holzapfel Number:  25818 of 26344

- I get paid on 1st and 15th of the month.
- Jan 1st 2017 is a Saturday this upcoming year
- Therefor I will get paid on Dec 31st 2016

What year will my 401k contribution count towards? It usually takes a few days for $ to hit 401k account, so I would guess Jan 4th.

I plan on coming within pennies of the Maximum allowed, but if the last paycheck counts towards 2016 I will be over and will need to adjust my contribution %


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