<< Back to all Blogs
Login or Create your own free blog
Home > Wife's 401K corrected finally

Wife's 401K corrected finally

October 12th, 2007 at 08:25 am

My wife started working in July. We filled out the 401K forms to have 50% of her salary deducted and go into the plan. The first couple of paychecks only had 3% taken out, so we figured they hadn't processed her paperwork yet. They do 3% automatically for everyone. Then we went out of town for a couple of weeks and I didn't get a chance to question it. Finally, in September, it still wasn't right, so I went online and downloaded the form again and resent it.

She got her paycheck yesterday and it is finally correct. 50% going to the 401K plus a 3% match. She only works part-time but still, 50% is a whole lot more than 3%. That should add up nicely assuming she stays at the job for a good long time.

I always say, half-joking, that every dollar she puts away for retirement is one less dollar I have to put away and that much sooner we can both call it quits.

0 Responses to “Wife's 401K corrected finally”

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
Will not be published.

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]