Ours is a separate election. I actually intentionally increase the 401k % coming from my bonus to expose less of it to tax withholding, as bonuses are default withheld at a flat 22% instead of your W-4 rate. I max out my contributions for the year a few pay periods early, but it doesn't matter because we have a crappy company match that caps out way before the max annual participant contribution.
Statistics: Posted by Walkure — Sat Feb 03, 2024 11:17 am — Replies 13 — Views 431