To max 401k match, all you need to do is followings:
- min % of EE contribution per pay check (A) = "max ER match %" ， say 5%; (IF you don't like the idea investing in 401K)
- max % of EE contribution per pay check (B) = "yearly contribution limit/gross salary". anything above that % could result in losing out by putting in too much too soon (IF you make a lot of money). for 2011, B = 16,500/gross wages.
as long as your contribution % falls btw A and B, you fully take advantage of 401k match. some ER is using dollar amt. simply divide max 401k contribution limit by # of pay periods.
last not least, bonus could kill your 401k match as bonus could speed up your contribution, meaning you would hit max 401k limit too soon.
again, whatever you do, don't refuse FREE MONEY. Here is why.
http://blog.wenxuecity.com/myblog/34413/201010/19978.html
