#overcontributed

Employer Over-Contributed to my 401K

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Employer Over-Contributed to my 401K I started my new job in early July, this being my first full-time job with a 401K, so I went through the process to set it up and started out putting about $250/mo into it, and my employer adds about $750/mo. About 3 and a half months went by, and I decided to check my retirement account and noticed it had an insane $38K in it. I immediately wen…

Reddit Personal Finance 1.2k 2024-10-26