NT let us know yesterday he'd gotten a 5% raise! A conservative estimate is $60 more per paycheck, but we'll see once it kicks in; supposedly it's effective June 1 but will appear in the June 31 paycheck, which I find a bit confusing. But not complaining! Counting AS's teaching raise and my recent one, we've all gotten them this year!
I went ahead and upped NT's 401(k) contribution by 1%. With all the crazy expenses this year I was going to wait to do that, but since it'll come out of raise money and we'll still have a net gain, I figured I could at least do a little. He's now contributing 5%, with a 2% company match, so at 7%. Eventually we'll get that up to 10% and someday 12% or 15%, but this is a good baby step.
We are now at 7% for him, 9.5% for me and 10% for AS, plus we hope to max out all three Roths for the first time this year.
NT got a raise! Upped 401(k)
June 9th, 2016 at 05:50 pm
June 9th, 2016 at 05:54 pm 1465491252
June 9th, 2016 at 07:06 pm 1465495611
June 9th, 2016 at 08:36 pm 1465501015
June 10th, 2016 at 07:32 pm 1465583556
June 11th, 2016 at 03:54 am 1465613680
June 11th, 2016 at 03:57 pm 1465657071