Also, doesn't it make sense to spread out the pre-tax 401k contributions through-out the year to get max employer match? Unless FB is different here, most employers I know match up to a certain % of the employee contributions. E.g. My employer matches 100% up to 4% of my monthly base salary. Now if I max out my pre-tax 401k contributions before the year ends, I will lose out on the future employer matches.
1. If you max-out your after-tax 401K contributions for your Mega Backdoor Roth (as I understand from your other article), why do you need to do a Backdoor Roth? In fact, I thought we aren't even allowed to contribute more than $61K (2022) combined (401K+employer match+IRA).
2. I've been using Mint.com since 2009 as well, for budgeting and aggregation. It's investment reporting is flaky. But what don't you like in its budgeting features, that you're willing to pay YNAB or Quicken?
Also, doesn't it make sense to spread out the pre-tax 401k contributions through-out the year to get max employer match? Unless FB is different here, most employers I know match up to a certain % of the employee contributions. E.g. My employer matches 100% up to 4% of my monthly base salary. Now if I max out my pre-tax 401k contributions before the year ends, I will lose out on the future employer matches.
Andre, I have 2 questions for you:
1. If you max-out your after-tax 401K contributions for your Mega Backdoor Roth (as I understand from your other article), why do you need to do a Backdoor Roth? In fact, I thought we aren't even allowed to contribute more than $61K (2022) combined (401K+employer match+IRA).
2. I've been using Mint.com since 2009 as well, for budgeting and aggregation. It's investment reporting is flaky. But what don't you like in its budgeting features, that you're willing to pay YNAB or Quicken?