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Hello everybody! Been lurking right here for some time and have a (hopefully not too silly) query.
I simply graduated and began a one-year place that pays 80k for this yr. After this, I’m going to work one yr in job 2 after which one yr in job 3.
I wished to max my 401k financial savings. Not understanding precisely how jobs 2 and three pay, ought to I merely contribute half of my wage from Sept to March (80k x 0.5 x 0.5=20k) to max out my 2023 contribution? If that’s the case, ought to I do the identical for the March to August interval, or wait and see what my employer matching plans for job 2 would seem like?
Thanks prematurely for any ideas of us. Actually recognize your insights for an extended whereas.
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