I contribute 4% now (company matches up to 3%) and wondering if there are tax benefits to contributing more. My TC is around ~120k, $10k bonus and the company has a pension plan that invests 5.5% of my salary a year. Keep in mind my rent is ~$2.3k/month so cash is pretty tight with food and other expenses. Thanks!
Edit: it seems to see any “tax benefit” id have to get down to < $80k in taxable income which would give me around $1k less in income per month… seems difficult
Submitted September 18, 2023 at 03:27AM by RamenGod https://ift.tt/NPufkK8
