Lets say I contribute a percentage of my income that would force me to hit the maximum by November. Would my company automatically stop taking money out of my paycheck when I hit the limit or would I have to manually reach out to my 401K provider at the end of the year and have them withdraw/tax the excess and give it to me in a lump sum?
I'm trying to figure out if I should do the math and try to contribute a percentage to get me as close as possible to that max without going over.
Submitted April 21, 2017 at 12:33PM by mersch http://ift.tt/2oZunZp
