Posted by: nepalkochoro2008 January 30, 2010
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Somya_465 did u know that if you don't use your flex money...then its gone, it does not get rolled over to next year. so only keep on flex the minimum you use...i would say put the maximum allowed on 401K, which is $16,500 for each individual...so together you can add about 33K in 401 K...
did u know that if you add 16500 in 401K every year for 30 years at 8% return rate, it will easily exceed 4 million...for u guys if you do that you will easily cross 8 million by the time you retire
i would say put maximum allowed in 401K and the minimum required in flex money...enjoy seeing the money grow
also check out roth IRA and other stuffs