I have a relatively simple question; I think. I couldn't find the direct answer on a quick Google search so I've turned here.
Next month I will be receving my bonus from work since I've met all of my goals this year. An email went out stating we can contribute 1-100% of this bonus into our 401k plan. I also have the option of having the bonus before or after Tax as a supplemental contribution.
My question is:
If I submit all 100% of my bonus into my 401K, when I do decide to withdraw the money way down the road would it be taxed at the same amount as my normal withdrawl or does it get taxed at a different rate? Also, I'm sure they keep track of the amout we opt to contribute so I'm thinking it's different tax amounts.
Thank you!
Next month I will be receving my bonus from work since I've met all of my goals this year. An email went out stating we can contribute 1-100% of this bonus into our 401k plan. I also have the option of having the bonus before or after Tax as a supplemental contribution.
My question is:
If I submit all 100% of my bonus into my 401K, when I do decide to withdraw the money way down the road would it be taxed at the same amount as my normal withdrawl or does it get taxed at a different rate? Also, I'm sure they keep track of the amout we opt to contribute so I'm thinking it's different tax amounts.
Thank you!

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