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Getting a Raise – the 401k way

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It was less than a month ago when I learned Smart Money to figure out that I'd be losing $6,613. The new job had enough perks for me to take this loss.

However, it's a whole new ballgame today. The company is getting a 401k plan soon and it feels like I'm getting a raise. No word on if there is a match, but it's a gain either way. I'm now really happy that I put the maximum in my 401k at my old job. It looks like I might be able finish the year with a completely maxed out 401k plan.

This may negatively impact my alternative streams of incomes plan as I won't be able to invest as much in accessable accounts. However, I'm much better off looking out for my retirement.

Last updated on July 29, 2011.

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