401K CONTRIBUTION

Submitted by Lawson Kitty Farm on Sat, 2022-06-04 08:09

Thank you for your time and consideration. I recently left one company and will begin working for another next week. My old firm appears to have taken a significant pre-tax 401k contribution from my last severance check and put it into my old 401K. In one shot, it was almost $21k.

Am I allowed to start again with this new company, maxing out my 401K, and so on? Is it going to put me over the IRS limit ?

Thanks



Submitted by William Tuttle on Sat, 2022-06-04 23:26

This is a virtual duplicate post of two days ago. Although, from a different username. Did you expect a different answer? Or is this just spam/phishing?

Submitted by Alan - IRA critic on Sat, 2022-06-04 23:57

It’s a new method of spamming and I had flagged it. Clicking the link presents the spam, so this spammer is using a current legitmate post subject to generate some interest and then includes an illegitimate link disguised as a relevant link.   Spammer may not even know what a 401k is.

Submitted by William Tuttle on Sun, 2022-06-05 10:13

I didn’t know what the link was, because I don’t click on links in such questionable posts.

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