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Updated about 4 years ago,
How to max 401k up to exact limit?
Good morning,
So far this year, I have contributed $12k to my 401k. I'd like to contribute up to the max $19,500. I'm able to change my contribution percentage up to 75%. My pretax pay is $3912 per 2 weeks or $7825 per month. If I change my contribution to 75% (assuming it changes before Dec 15th) then I'll contribute an additional $5869. Total of $17,869 for the year.
Is there a way to do a "one-time" contribution? I know it's complicated because 401k contributions are pre-tax. My 401k is through Fidelity.
Thanks,
Andrew