http://www.thesunsfinancialdiary.com/about-me/my-last-paycheck/ Fri, 03 Feb 2012 17:42:24 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.thesunsfinancialdiary.com/about-me/my-last-paycheck/#comment-1488 The Sun Mon, 15 Jan 2007 19:14:37 +0000 http://www.thesunsfinancialdiary.com/2006/12/26/my-last-paycheck/#comment-1488 Meng: I agree with that we should take the most advantage of the tax deferred account, though I am a little bit short of contributing the full amount. The reason for that was I want to keep a little more at my hands for the pending (if at all) house downpayment and this is short term only. Hopefully, we will max out soon. Meng: I agree with that we should take the most advantage of the tax deferred account, though I am a little bit short of contributing the full amount. The reason for that was I want to keep a little more at my hands for the pending (if at all) house downpayment and this is short term only. Hopefully, we will max out soon.

]]> http://www.thesunsfinancialdiary.com/about-me/my-last-paycheck/#comment-1458 Meng Sun, 14 Jan 2007 21:33:26 +0000 http://www.thesunsfinancialdiary.com/2006/12/26/my-last-paycheck/#comment-1458 If I were in your shoes, I would definately max out 401K, tax matters as you might already feel. Depends on your time horizon, after tax stock play, unless you can consistantly pick up winners and sell at the right time, can hardly void the tax advantage offered by tax deferred account. If I were in your shoes, I would definately max out 401K, tax matters as you might already feel. Depends on your time horizon, after tax stock play, unless you can consistantly pick up winners and sell at the right time, can hardly void the tax advantage offered by tax deferred account.

]]> http://www.thesunsfinancialdiary.com/about-me/my-last-paycheck/#comment-852 The Sun Fri, 29 Dec 2006 02:44:12 +0000 http://www.thesunsfinancialdiary.com/2006/12/26/my-last-paycheck/#comment-852 Terry & Mike: Yes, I actually don't find putting away $15K in my 401(k) any problem to do and I think I should max it out. The only reason I didn't this year is to have a little more in my own hands to save for possible house downpayment or investing in other stocks/mutual funds. For next year, I will increase my contribution a little bit to get close to the maximum. Today's $3K will make a big difference 20 or 30 years later. Terry & Mike: Yes, I actually don’t find putting away $15K in my 401(k) any problem to do and I think I should max it out. The only reason I didn’t this year is to have a little more in my own hands to save for possible house downpayment or investing in other stocks/mutual funds. For next year, I will increase my contribution a little bit to get close to the maximum. Today’s $3K will make a big difference 20 or 30 years later.

]]> http://www.thesunsfinancialdiary.com/about-me/my-last-paycheck/#comment-846 Mike C Thu, 28 Dec 2006 18:17:50 +0000 http://www.thesunsfinancialdiary.com/2006/12/26/my-last-paycheck/#comment-846 Why would you want to overpay to social security? Check with your payroll department, they should stop deducting that money once you hit the limit. I agree with Terry, you can afford to max out your 401k. That small amount oof money you'r saving won't make a difference when buying a new home because if you truly require that extra savings, then you should buy a slightly less expensive house. Why would you want to overpay to social security? Check with your payroll department, they should stop deducting that money once you hit the limit. I agree with Terry, you can afford to max out your 401k. That small amount oof money you’r saving won’t make a difference when buying a new home because if you truly require that extra savings, then you should buy a slightly less expensive house.

]]> http://www.thesunsfinancialdiary.com/about-me/my-last-paycheck/#comment-837 Terry Thu, 28 Dec 2006 08:31:57 +0000 http://www.thesunsfinancialdiary.com/2006/12/26/my-last-paycheck/#comment-837 Seems to me it should be pretty easy to put $15K in a 401(k) on an income of $90K+. Seems to me it should be pretty easy to put $15K in a 401(k) on an income of $90K+.

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