Quote:
Originally Posted by sweeps
 Is your company hiring? Let me send you my resume.
Definitely. In fact, if I didn't have the money, I would consider borrowing the money in order to maximize my 401k at a 150% match. For every dollar you put into the plan you have $2.50. My God, man, RUN don't walk to your HR department and fill out the form to contribute 8% RIGHT NOW. Cancel the cable TV, stop eating out, do whatever you gotta do to take advantage of that benefit.
You're probably right. 2 or 3 would be fine. But I hesitate recommending to someone to make a big change in their exemptions right away. It's painful to give the govt a big interest-free loan, but it's even more painful for most people to owe the govt at the end of the year. It's possible the $2200 was atypical for that person. |
Re: comment on hesitating to make big change on exemption and the possibility of the large refund being atypical.
Yes that is something to think about. I think I might me ok bc the year prior the refund was 1200 or so and it went higher the following year bc the introduction of the student loans in the equation.
I will have to think about this for a bit.