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  • Levine, Jacobs & Company, LLC, Member Provided Insight Into 401k Contribution Requirements
  • January 16, 2020
  • Michael H, Karu, CPA/CFF, quoted on NJ.com.

    Michael H. Karu, CPA/CFF, Member, Levine, Jacobs & Company, LLC., was highlighted on NJ.com where he answered the question “I just got a raise and I want to lower my tax bill. I haven't contributed much to my 401(k). Can I max it out before the end of the year or am I limited because I was only contributing 2% of my paycheck until now?”

    Most 401k plans require a set dollar amount or percentage be withheld from the participant’s paycheck prior to the start of the year. In light of a salary inc...
  • View more at: https://www.1888pressrelease.com/levine-jacobs-company-llc-member-provided-insight-into-pr-668619.html