Hi, I put close to the maximum amount in my 401k with employee contribution. I recently got an email from my employer that because of IRS rules, I will be refunded a portion of my 2019 401(k) contribution in 2020. This is due to a disproportionate contribution by highly compensated employees (HCE). I am looking for some advice on other tax saving options where I can put this money, long term. I'm close to maxing out the HSA allowance as well.
Submitted January 02, 2020 at 07:58PM by sahilthapar https://ift.tt/2MPCTau