how much do you contribute monthly to 401k or ira?

[SlickFazzer]

100 for 401k and 50 for ira currrently at fazzer inc.

[Brock Landers]

undetermined amount going into my 403b plan

[UntilTheNDofTimE]

When i was working for a corporation....
5% 401K( employer matches 100% up to 5%)
and
Roth IRA The max 5,000 per year.

Now that im freelance working on the side just doing the Roth IRA. I started contributing the max to the Roth When i turned 18 and been doing it ever since. So even if i no longer do the 401k i think ill be fine. Plus you can pull out of the Roth penalty free in need of an emergency

[UntilTheNDofTimE]

100 for 401k and 50 for ira currrently at fazzer inc.

100 a month only? are you even taking advantage of your employers full match?

[baskets]

I think that needs a spear.

[Br0nxer]

20% pre tax weekly in my 401k

[UntilTheNDofTimE]

20% pre tax weekly in my 401k

Great way to avoid the tax man

[ACoochy]

Don't know about u boys but my money is on 401k's not existing by the time I retire.

[a4u2fear]

20% pre tax weekly in my 401k

Not allowed unless you're over 40 and making up for not previously investing, at least not in NY. 15% is max.


I do 10%

[Br0nxer]

Not allowed unless you're over 40 and making up for not previously investing, at least not in NY. 15% is max.


I do 10%

I'm allowed up to 35% pre tax

[Emily_Haines]

Unreal how many still don't realize it's a rigged game

Lot's of idiots just can't wait to start giving their money away

Anyone contributing more than 0% ought to have their head examined.

[Br0nxer]

Unreal how many still don't realize it's a rigged game

Lot's of idiots just can't wait to start giving their money away

Anyone contributing more than 0% ought to have their head examined.

why is that

tons of people i work with lost 75% of there 401k when the economy tanked and they have gotten everything back when the market recovered

[UntilTheNDofTimE]

Emily you shouldnt be talking. Everytime you get owned. Assuming a 0% gain over the last year the average person assumed a 12% gain( 9% in tax savings and 3% in employer matches). In the same time you liquidated your 401k paid a 10% penalty. 18-28% in taxes and lost 12% in gains. Has your bankrolled doubled yet?

[statnerds]

Unreal how many still don't realize it's a rigged game

Lot's of idiots just can't wait to start giving their money away

Anyone contributing more than 0% ought to have their head examined.

We aren't talking about Social Security.

And anyone not taking advantage of free money from matching employers should have their head examined.

[UntilTheNDofTimE]

We aren't talking about Social Security.

And anyone not taking advantage of free money from matching employers should have their head examined.

If your employer matched 100% up to 5% you could loose 50% of your balance annually and still break even. And have a tax deffered investment

[UntilTheNDofTimE]

Also emily you could invest your money in a fixed income money market. Even in the economic crash these funds didnt move. I know you no longer work but with your employers match youd assume a 100% gain annually with little to no risk.

[ACoochy]

Amazin how short term memory works. Remember guys one of the primary reasons u STILL have 401k's post 2008 is because Obama bailed out the banks...

If he hadnt do u think youd have a super fund today??

[SlickFazzer]

Looking to bump up to 200 a month with co match plus 150 a month doth ira.