Friday, October 17, 2008

All's Well in 401(k) Land 

Our payroll guy returned from vacation and found a bunch of notes from his manager, who had been handling things in his absence. Among them was a notation about my 401(k) withholding and my check. Turns out the money was funded properly to Fidelity, but the information on the pay stub was incorrect. The stub will be corrected at next payday, and I logged on to Fidelity to verify the funds. It takes a day or two, which is why nothing showed on Wednesday when I first checked.

Ah, the magic of pretax dollars. I'm contributing 8% (with another 2% match), but the total hit in my net check is... six dollars. Excellent!

Posted by Beth Henderson at 6:19 AM