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AUradar · 11-30-2007, 12:02 PM

I think the maxium you can contribute is $15K a year. Is that for each account? In other words, can I put in 15K to mine and my wife put 15K in hers? Not that we are going to do that.

Second question, how much of your salary have ya'll found to be a good amount to put up. A good general rule of thumb. I know thats a loaded question, but have ya'll (the finicial guros here) found a general point? The first answer is contribute to your 401K to take full advantage of your employer's matching. But they just changed and will now match up to the $15K (your max contributuion). I can't quite go that much right now, but how much should I be putting up?

I've heard 10%, but then I've also heard 6%.

11-30-2007, 12:02 PM	#1
AUradar Senior Member Sailfish Join Date: Oct 2007 Posts: 1,480	401K Question I think the maxium you can contribute is $15K a year. Is that for each account? In other words, can I put in 15K to mine and my wife put 15K in hers? Not that we are going to do that. Second question, how much of your salary have ya'll found to be a good amount to put up. A good general rule of thumb. I know thats a loaded question, but have ya'll (the finicial guros here) found a general point? The first answer is contribute to your 401K to take full advantage of your employer's matching. But they just changed and will now match up to the $15K (your max contributuion). I can't quite go that much right now, but how much should I be putting up? I've heard 10%, but then I've also heard 6%.