Looking for some advice.
My company matches 50% of 8% of your contribution. I normally invest 15% each paycheck in my 401k, but debating with the current state of the market if I should invest the 15%, lower it to 8%, or splurge and turn off contributions for this one payout.
Bonus total $12,200 before taxes.
I’ll try to hit the max by end of the year, but the bonus is a way to accelerate that and hit it sooner.
Original plan was to dump the full amount into the 401k, but advice I’ve been hearing is to spread out contributions vs doing lump sum right now. Advice??