Quote:
Originally Posted by sweeps
Keep in mind by increasing your (pre-tax) 401k contribution, you're lowering your taxable income so the change from 2% to 8% may not be quite as bad as you thought.
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I just wanted to add, the more you put in your 401k, the less tax is withheld, automatically. Just to clarify.
$2200 is about 2-3 exemptions. I'd go for 2. You'll still get a small refund. That will go a long way for your 401k.