Related Posts
How do filmmakers find investors?
Anyone got a good tax person in the bay area?
More Posts
Thoughts on juice cleanses?
Best west coast pharma agencies?
Omg so happy to find this bowl!!
Additional Posts in Accounting
Utilization rate this time of year?
New to Fishbowl?
Download the Fishbowl app to
unlock all discussions on Fishbowl.
unlock all discussions on Fishbowl.



I also actually believe you are honestly asking a question and the responses have all been very helpful. This is very different from the obnoxious “jeez, I made $250k and already maxed out all my contributions and now have $80k in cash just laying around my four empty bedrooms. What should do with this cash to achieve an 18% return?? Or should I pile it on the floor and sleep on it? Thanks."
I would say that is a really good problem to have. In fact I wish I had the same problem so good job. 👍
If you’re putting away 18,500 into a 401k and don’t know the difference between Roth and traditional ... I’m impressed. (Because I assume you’re young or would know the difference).
OP, looks like no one told you how to check how much you put in. Check your pay statement under the YTD contribution — if it’s less than $18,500 (the max) something else is going on
I'm honestly asking. I've been reading nerd wallet and smart invest blog articles but there is so much info on there. I work in tech so I really don't know anything about finance. Trying to put away s much as I can before I have serious commitnents and all that. I'm really grateful for all the help and the answers.
Also EY1, you're hilarious!
I should clarify, an amount was deducted but much lower than what I opted for and is usually deducted.
M1 how do I check? When does the year reset./restart? 1st Gen college grad so nobody in my fam has a 401k. Thanks for all your replies
Also if I maxed out, where else can I invest to lower taxable income?
You can create an IRA if you are under the income threshold. Check out the r/personalfinance subreddit. Lots of helpful folks in that community.
You can set up a (1) traditional IRA + (2) Health Savings Account (if you have a high deductible health plan) to also lower taxable income.
PDubs, thanks!! Why traditional and not Roth?
Come January paycheck and no catch up amount showing.