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Brown Cafe UPS Forum
UPS Retirement Topics
How big is your 401k?
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<blockquote data-quote="25TOLIFE" data-source="post: 1511822" data-attributes="member: 34972"><p>You can never put too much away in your 401k. I increased the number of dependents I claim on my w-4 and put the difference in take home pay into my 401k. Took home the same amount every week and didn't seem to change my tax situation every year. Always got the same back in my tax return every year. Glad I did. I had a career ending injury after 20 years on the truck and if I leave my 401k alone until I'm 60 or so (48 now) it should be a nice piece of change. Still wish I put more in over the years though. I planned on increasing my contributions until retirement at 55 but it wasn't to be. Contribute into your 401k til it hurts......</p></blockquote><p></p>
[QUOTE="25TOLIFE, post: 1511822, member: 34972"] You can never put too much away in your 401k. I increased the number of dependents I claim on my w-4 and put the difference in take home pay into my 401k. Took home the same amount every week and didn't seem to change my tax situation every year. Always got the same back in my tax return every year. Glad I did. I had a career ending injury after 20 years on the truck and if I leave my 401k alone until I'm 60 or so (48 now) it should be a nice piece of change. Still wish I put more in over the years though. I planned on increasing my contributions until retirement at 55 but it wasn't to be. Contribute into your 401k til it hurts...... [/QUOTE]
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How big is your 401k?
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