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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 928853" data-attributes="member: 12570"><p>Excellent advice. I would also advise adjusting your W-4 whenever you change your 401k contribution rate. I recently raised mine to 25% and increased the number of dependents on my W-4 to 9. This will keep my take home pay fairly close to what it was before and the 401k deduction will offset the lower withheld taxes.</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 928853, member: 12570"] Excellent advice. I would also advise adjusting your W-4 whenever you change your 401k contribution rate. I recently raised mine to 25% and increased the number of dependents on my W-4 to 9. This will keep my take home pay fairly close to what it was before and the 401k deduction will offset the lower withheld taxes. [/QUOTE]
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