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Post by Colts18 on Aug 4, 2013 9:30:08 GMT
Hi folks, 1.) In calculating the Modified-AGI, I guess one has to add FEI exclusion back to see if one meets the income limits, right? I'm guessing for most people the roth is now off-limits, bummer!
2.) I noticed that 401k contributions are made after taxes. Is this the norm for everyone?
Appreciate any input.
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Post by mscrib on Aug 11, 2013 14:33:25 GMT
401k contributions are NOT made after taxes unless you exceed the limit. Before tax contributions are their legal design, and have to be used so.
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