My husband changed employers and joined a new physician group in June 2016. His previous employer contributed the maximum employer contribution amount of $35,000 to his previous 401K in May 2016. Now the new group is scheduled to begin 401K contributions in November 2016 (10% match with contributions being retroactive to June 2016).
Since he has already maxed out the employer contribution for 2016, we need guidance on handling this situation. We called out accountant and she advised us to ask the HR department what other options they may offer for this type of situation. We have a call in to HR but while we are waiting for a response, we are just wondering if anyone on this board else has dealt with this situation before and if anyone could advise us on other options to request of my husband's employer?
Thanks in advance!
Since he has already maxed out the employer contribution for 2016, we need guidance on handling this situation. We called out accountant and she advised us to ask the HR department what other options they may offer for this type of situation. We have a call in to HR but while we are waiting for a response, we are just wondering if anyone on this board else has dealt with this situation before and if anyone could advise us on other options to request of my husband's employer?
Thanks in advance!
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