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<< I basically contributed around $1500 into my 401K and then my employer did not pick up my contract. Am I screwed for the rest of the year? I found other work but since most employers require a year with the company before you're eligible for their 401K I seem to be screwed.

Anyone have any ideas? >>

Demand a cigarette and a kiss. <g>

If you're covered by an employer plan for ONE DAY of a calendar year, the AGI phaseouts of deductibility for IRA contributions kick in. There's no way around it.

TMF ExRO
Phil Marti
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