Does my employer match count against my 401k contribution limits? Should I invest in a Traditional or Roth TSP? Should I invest more aggressively in stocks right now, or should I hold cash and bonds until the next downturn? Should I get a mortgage or keep renting until I can buy a home in cash? Do you think index investing will dramatically change in the coming decades?
Former financial planner Joe Saul-Sehy and I answer these five questions in today’s episode.
I’m trying to maximize my retirement savings this year. I’d like to max out my 401k to the maximum contribution limits of $18,500.
I also have an employer Safe Harbor contribution that equals three percent of my salary. Does this count towards the $18,500 limit?