Adjustment to Roth 401k Withholding percentage
Well I just sent in the form to change my Roth 401k withholding percentage from 17.5% to 20%. This change is the direct result of me following my plans laid out in my $100,000 by Age 30 post. Seeing as how I just got a raise this won’t hit the pocketbook as hard as it originally would have and really at the same time because of my raise 18 or 19% probably would have sufficed, but I’d rather just stick with my original plan and worst case scenario I end up with too much money. If anything I’d rather overdo it now as my money this year is worth a lot more money that next years (see waiting just 1 more year).