Just a piece of advise, if you've been affected. Max out your 401K to get max of the employers' contribution for this year. Next payroll deadline is 2nd May, so it'll show up on 11th MAY paycheck. Same for HSA.
4 replies (most recent on top)
Bad advise. Max out employer contributions then stop so you can do the same at your new job this year.
Good tips. Also, cancel future ESPP contributions immediately. No point have that $$ tied up in ESPP when it'll just get refunded to you anyway. Regardless, anyone actually put money into QCOM stock anymore ?? !
Also you can claim full year elected or $2650 FSA money whichever is less, even though you haven't contributed all of them.
You should claim the amount I believe by 60 days after termination of employment. The service date on claims must be before your termination date.
The amount not contributed but claimed by you is the loss of the company.
The above is also true if you are changing the employer. It makes difference especially if you are leaving the company earlier in the year.
Depending if you can find a new job. Typically, first few thousand of contributions has better matching (like 1:1 ratio) from new employer. If you can’t find a job, it’s better to max out