Posted by Susan Veligor on October 28, 2015
With only 2 months remaining in 2015, anyone participating in an employer-sponsored retirement plan should evaluate their contributions year to date and confirm 1 or 2 items. First, if you intend to fully maximize the amount you can defer to your 401k, 403b or SIMPLE IRA, check that deductions from your wages over the next 8 weeks are sufficient to meet this goal. 2nd, be sure to space out contributions so as not to miss any employer match; i.e. you should reach your funding goal as of the final wage cycle in December.