Yes but I had $100 room from last year.
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New update for his 401k (which is actually a 403b or something): apparently they don’t count the first ~2% of the withholding towards the limit? My accounting is all messed up though.
We did it! Last paycheck of the year was yesterday, so while some of the deductions are winding their way through bank holiday purgatory, the deductions came out right:
- 2019 Roth IRAs: Both maxed
- 401ks: Mine: $19,500. His: $21,116.
- 2020 IRA’s: Mine, $2,300, His: $2,000.
- 2020 HSA’s: Mine: $3,550, His: $3,550.
- Total: $64,017/$71,717
Officially my goal was just 401ks, with HSA’s as a stretch so we did it! I’m planning on maxing out the 2020 IRAs before we file our taxes but that’s a next year problem.
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Closing out this challenge slightly before I actually receive the last paycheck which maxes two of the categories, but it’s already allocated so it’s not like it’s going to disappear–100% to backdoor Roth, 100% to HSA, 100% to pre-tax 401k, 98.1% to post-tax 401k (thanks to work shenanigans, but within the $1000 I was targeting and I think I’ve got the formula dialed in for next year), and 154% to donations because 2020.
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This form was DM’d to folks, but please fill this out so I can send you the special, limited edition 20 in 2020 sticker:
Also, please @ me (@anomalily) if you should’ve gotten a badge and I missed it! It was not intentional!
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