{ "media_type": "text", "post_content": "What percentages should you contribute for before-tax and Roth 401k? How much does ACN match up to?", "post_id": "5a1cf1a5a6ba1f001412c18d", "reply_count": 4, "vote_count": 2, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

What percentages should you contribute for before-tax and Roth 401k? How much does ACN match up to?

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The decision whether to contribute to before tax and or Roth is up to you. As a younger employee, I chose to be taxed now under the assumption that I will be in a higher tax bracket later on in life. I contribute the 6% or more and encourage those who can to do so as it is essentially free money. Edit: Accenture matches 6% for analysts, idk if that is the same across all levels

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It’s the same for all levels

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18k in traditional. Contribute to roth if you are eligible

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Contribute to a Roth 401k as long as your marginal tax rate is under 15%, after that switch to a traditional 401k. Following that, do all you can to max it as soon as you can. Compound interest is a beautiful thing.

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