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Brown Cafe UPS Forum
UPS Retirement Topics
I need advice on 401K
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<blockquote data-quote="By The Book" data-source="post: 1732001" data-attributes="member: 53581"><p>Change it to before tax. If you put in $100.00 a week your take home pay should only be $70.00 less. That's $30.00 free dollars and at the end of the year will help you on taxes. The more you can put into the 401k the more it helps you at tax time. If you put your money in after tax you may pay 25% on your money, and if you put it in pretax you may pay 15% tax on your money when you withdraw it.</p></blockquote><p></p>
[QUOTE="By The Book, post: 1732001, member: 53581"] Change it to before tax. If you put in $100.00 a week your take home pay should only be $70.00 less. That's $30.00 free dollars and at the end of the year will help you on taxes. The more you can put into the 401k the more it helps you at tax time. If you put your money in after tax you may pay 25% on your money, and if you put it in pretax you may pay 15% tax on your money when you withdraw it. [/QUOTE]
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I need advice on 401K
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