Increasing 401k Contribution from 1% to 3%!
In some past posts, I've written in detail about how we are saving for retirement. Well, in light of my recent raise, I'm increasing my 401k contribution from 1% to 3%. I know. It isn't much. But I'm still trying to max out my Roth IRA for the 2006 year. I have until April 15th to do this and I'm sure I'll get there by March.
Because my fiance and I are are getting married in 2007, we will be over the married income limit to contribute to a Roth IRA. So once my Roth IRA is maxed for 2006, I'll up my 401k contribution from the now 3% to about 10% or 11%.