 Quote:
Originally Posted by Cat-tirement
IIRC, some years back my 401k contributions were prematurely limited based on % of income rather than a fixed $ amount. Something about "highly compensated employees". (I had some bonuses and extra hours, which still didn't seem that high compared to the management.) So it's possible that you might not be allowed 90%. Maybe others here know more details about how that works.
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DH income is 12k - below the cap for the two of us for new contributions. 90% is the limit his employer will allow
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"For the time being no discipline brings joy, but seems grievous and painful; but afterwards it yields a peaceable fruit of righteousness to those who have been trained by it." ~
Hebrews 12:11
ER'd in June 2015 at age 52. Initial WR 3%. 50/40/10 (Equity/Bond/Short Term) AA.
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