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Got a raise, should I increase my 401k contribution?
Got a raise, should I increase my 401k contribution? Got a 8% raise, currently doing 16% into my 401k with a match of 100% for the first 5%. Also doing $600/month into roth IRA, will reach limit in November. I was thinking of just bumping my contribution by 8% to 24%. Any big drawback I should be aware of?
submitted by /u/high1227
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