Back to list
QUESTION DETAIL
Related User
Votes
What percentage of my salary should go into my 401k fund?
ANSWER
The BIDaWIZ Team's Answer:
Each dollar contributed is tax deferred; until you begin taking
distributions, from the fund. Thus, you should contribute as much
money as your finances will allow. The 2011 maximum contribution
amount is $16,500, or $22,000, if you are age 50, or older.
