====== 401k ====== NOTE: You **CANNOT** re-balance your account until the DOW hits 14,000 again... let it ride until then. Your 401k is your best friend. (I liken this to my mana vault) -- see note below on double tax on loan repayments! doh! ===== Notes ===== * 2008 401k Contribution Limit: $15,500 * Loan repayment from money you've borrowed from your 401k does **NOT** count towards your yearly contribution limit. (according to our HR person at [[http://www.ssaihq.com|SSAI]] on 2007/12) * You are DOUBLE taxed on any money you pay back via a loan... because you're paying into your 401k with post tax dollars, and then you get taxed again when you extract it (retire). OUCH!