Re: Help me with my 401K?
10% is indeed generous. My company only matches 50% up to 6%. That's a bit lousy, but I learned that it was still better than many other companies.
Have you asked if your company offers Roth 401k? If so, I think that is a better choice than 401k, if you are in no hurry to reduce your tax burden. Roth 401k works like a Roth IRA, it will allow your earnings to be withdrawn tax-free, but has a yearly limit equal that of the 401k.
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