Submitted by ilovemongeese t3_zzlftc in personalfinance
maedocc t1_j2cb0kc wrote
>but I'm debating whether I should put the full 22,500 in this year, OR just put in 6% to get the match?
I mean, at your salary level, assuming you're putting the money into a traditional 401k, you get 35% taken off by taxes. So you're putting in $22,500 into your 401k and only missing $14,625 from your paycheck.
And that's not accounting for any state income taxes.
I'd choose 401k over having a slightly bigger down payment.
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