{ "media_type": "text", "post_content": "When YE bonuses get paid out, is your 401k contrib deducted from it at the same %? Do ppl preemptively lower 401k % the month prior to pocket the cash? Would rather it go to my bank account first...", "post_id": "59779e8ad5deed0011553774", "reply_count": 11, "vote_count": 1, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

When YE bonuses get paid out, is your 401k contrib deducted from it at the same %? Do ppl preemptively lower 401k % the month prior to pocket the cash? Would rather it go to my bank account first...

like
Posting as :
works at
You are currently posting as works at

I crank mine high as I can for bonuses and then lower after. Pay less tax that way.

like

Where can I get these YEEE bonuses, I want one

like

^ This only impacts timing. Your actual tax due is not impacted.

like

No P1. Just no.

like

Yes it does. And people do lower it for bonuses.

Where do you work? At OW, the bonus is not counted as regular earnings so 401(k) contributions don't get applied...nor do matches.

^ same for EY I think.

Yes

Across 5 employers for me and my SO, 401k is not deducted from bonus. YMMV

Yes, it goes out of bonus too; easy way to max out contribution for the year.

Depends on the company; I've had it both ways. Capgemini you are wrong, I worked there and they do not contribute bonuses to 401k

Related Posts

When you’re comparing offers how you put a value against benefits like vacation allowance? Just calculate the value of a paid day as a % of base?

like

To men, is it worth taking finasteride and using minoxidil to protect hair fall? Do the benefits outweigh the side effects?

like

Moms in Philadelphia, how much maternity leave do I get? I am remote but my firm is in bay area. They offer four week pre partum and ten weeks post partum

like

Need some advice, I’m a third year healthcare/corp/M&A associate in Texas from a small firm. Was let go today because of recent hires and not enough billable work. Feel like I should try everything possible to secure another job and still a bit shocked. So if anyone in this bowl has any leads, please let me k ow! TIA!

like

Product Management - I am somewhat interested in trying to move into product management. I have led internal analytics product development at a prior firm, and have led clients through developing/improving “products” for their teams to use however I have not led “consumer facing” products and my experiences have not been as “formal” as many PM roles ask for. I work in healthcare and would want to stay there. I’m wondering if others have any thoughts on these transitions.

like

Hi Guys, If we are eligible for 25K reimbursement for smartphones. Can I an order a 60k phone and then pay the remaining amount 60-25 ?

like

Hi Recruiters, could you share thoughts on ballpark or range of base/bonus comp for Principal-level benefits consultant at AON/Lockton/Mercer/WTW? 8 years in industry, mid-market clients, based out of DC metro region.

like

Ok sos I need to start retirement savings ASAP. 401k or Roth IRA?

like

One of my Amex expenses was bounced out after it was payed by T&E now they say I have to do an out of pocked reimbursement after showing I payed Amex. It's like 1k what happens if I don't do it?

like

How many people changed careers or wanted to change careers as soon as you returned from maternity leave? You or people you know? I couldn’t care less about advertising right now. Does that feeling go away?

like

Anyone know anything about Artisan Healthcare Consulting? Had a 4 hour final round interview with them almost two months ago and thought it went great but they’ve ghosted me since then.

like

Hi Fishes How is the Data Science in OLA? Work culture and type of work? What are the perks and benefits?

like

How do you figure out what % of your paycheck is the max you can contribute in 401K without exceeding limits? $106K is the annual pay

What could be some good courses/certifications for a Healthcare Life sciences Strategy Consultant? Thanks!

like

Have about ~25k sitting in ROTH TSP. Calculators forecast that’ll be worth about north of~200k by the time I hit retirement at an average rate of 10% growth. Would it make more sense to roll it over into employer (Vangaurd) 401k plan to have more buying power of certain funds? Or are the expense fees that good and low in the TSP that I should just keep it in place?

like

Internship offers from ZS and Strategy&! Very excited but torn between the two as I like the people at both firms. I’d be aligned to healthcare. Thoughts and advice appreciated!

like

I’m a third year tax associate with my LLM. I left the IRS for a small boutique M&A firm that had a great reputation in my region. I have been at the firm for 3 weeks and I just found out that 2 of the 4 partners are leaving and taking a bunch of the senior associates with them. The only tax partner is leaving to go in-house and semi retire. I am going to be the only tax associate at the firm. So what’s the play here, look for a way out as fast as possible or ride it out for the time being?

like

Over 40 ? Feeling unappreciated ? Creative/execution team with the creative goods needs a New Business type to hunt hospital/healthcare accounts. Full financial participation. Let’s talk.

likehelpful

Can you tell me how much salary you earn (ANNUAL) and what’s your 401k contribution (per PAYCHECK) !? Just want to get an idea if my contribution is very less or okay. Mine: 137K, $368.

like

If my company doesn’t match my 401k yet, should I still max out my 401k contribution or make personal investments instead?

like

Additional Posts

Any fish have opinions to share on moving to FCB in a Strategy Director role? Recruiter reached out. I wasn't necessarily looking but am now considering it...would love some culture, fit, WLB, etc., insights

like

Has anyone ever been asked to give total compensation expectations for a role via email before having the first interview?

like

Need advice on hating your sibling’s significant other. My sister is polyamorous and bisexual (not judging- just giving perspective) and I’ve never liked the people she dates- they’ve all cheated on her or been otherwise disrespectful and treated her poorly. She is 21, and is now dating a 39 year old man who lives in an off grid cabin. From what I’ve seen he is basically a 39 year child. No responsibilities, does whatever he wants. No future plans. I’m concerned but don’t want to push her away.

like

Is it worth it to say real reasons why you’re actually leaving during your exit interview?

like

What’s the salary range for a strategist with 4-5 years of experience?

like

When you’re comparing offers how you put a value against benefits like vacation allowance? Just calculate the value of a paid day as a % of base?

like

what is the average salary for an Assistant Manager in corporate treasury at Deloitte (UK)? how does the career trajectory look like? Any info will be highly appreciated .

like

EY is hiring lawyers. DM for job description.

Post Photo
like

What’s the passing rate for CISA? I’m taking mines soon and I don’t do well on standardized tests like this. I don’t want to feel dumb if I don’t pass the first time :(

like

To men, is it worth taking finasteride and using minoxidil to protect hair fall? Do the benefits outweigh the side effects?

like

What is the expected SM base salary at Accenture? Tier 1 city. Bonus expectations?

like

I probably spent over $2000 this past year but started my first year as a self-contained SPED teacher in an autism program. Such different supplies needed then the general education classroom.

like

Management consulting vs strategy consulting vs data analytics vs audit . How would you rank each of the following and why in terms of exit opportunities and potential salary?

like

How good is Deloitte’s cloud practice? What’s the average salary range for Cloud Engineer positions in Deloitte GPS and how much Bonus can you reasonably ask for?

like

What should I do if my start date is Monday and I haven't received my work laptop yet? I reached out to my recruiter Monday and never heard anything back. This is for a big 4 firm.

likehelpful

Does a severance usually come with a lack of work letter? (Big4)

like

If you feel like you might get fired during busy season, is it better to submit your 2 weeks notice or just wait until you get fired. You're burning bridges either way.

like

Planning on leaving B4 for a competitor. If that is so, and they make it my last day, do i still get paid for the 2 weeks afterward?

Layoffs

likehelpful

A1-A2 tax, 6% raise and 3% VC. Thoughts?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
Download Fishbowl to see what others are saying
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the Fishbowl app

Get realtime notifications and see
what's happening in your industry
from the palm of your hand.

For account settings, visit Fishbowl on Desktop Browser or

General

Legal