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How are these last two paychecks handled when it comes to a 401K? Do I still get to make my regular contributions from them?

A 401(k) and Qualified Profit Sharing plan may have a 'last day' rule, requiring you to be employed on the last day of the plan year (note: this is usually, but not always, the calendar year) to participate in the plan...meaning making salary deferral contribution and receiving am employer match if one is normally made. Note that, generally, a Safe Harbor 401(k) may not use the 'last day' rule.

The paying of a bonus and when it is paid should have nothing to do with this, although it will have to do with the year you must declare the income for tax purposes.

Check with the plan administrator on remaining an 'eligible' employee vs. being considered an 'excludable' employee based on your last working day.

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