so almost two years ago

[NastyWoman]

I posted in the "what I did today" thread that I had increased my 401k with holdings by 2% to offset the temporary reduction of SS. Now it looks that this tax cut will go the way of the dodo, and I was pondering what to do about it. At this time I think that I'll just take the income reduction and leave my 401k as is. I am even thinking about possibly up the with holdings to make use of the 50+ catch up, but that remains to be seen?

At the time there were several other posters that did the same thing I did. So what will you do? Decrease 401k or decrease income by the 2% or decrease it even more and up savings?

[❤ mollymouser ❤]

We will leave my wonderful DH's TSP deductions (like a 401K) as is.

[bean29]

I think I will take the 2% salary reduction. DH is also eligible to defer part of his income. I need to review the plan. Once you elect in you cant change until the next year. I am thinking 5%. I have to be careful as we know income will go down next year. My 491k can be changed monthly.

Sent from my MB855 using proboards

[cronewitch]

I have been maxing out the 401K every year that I have had it available so will probably continue. Next year I will be 65 and if the markets are up I might retire in the spring so next year might be my last year to save for retirement.

[ohmomto2boys]

We will leave ours the same as well. We will actually probably increase 401k contribution next year based on raises.

[Ombud]

I'm only doing the 401k to the match & the rest goes into the Roth, so I'll leave it as is & take the reduced income