Put unused vacation days
to work — in your 401(k)
Now that the year is almost over, for you to defer more of your sal- if you have unused vacation or sick
you may want to explore some last- ary into your 401(k). Fortunately, time you can’t carry over.
minute steps you can take to poten- there may be a way in which you Not all employers are willing or
tially boost your financial fortunes can boost your 401(k) contribu- able to turn vacation or sick hours
Hair Solutions, Inc.
and improve your tax returns for tions — without cutting into your into retirement plan contributions,
2010. And one good place to look take-home pay. so check with your human resourc-
15% OFF first visit
is your 401(k). Specifically, you may be able to es or benefits office to see if you can
Your 401(k) is a great retirement convert any unused vacation and make this move. If it is allowed,
Kim Breeding -Stylist/ Owner
savings vehicle. You typically fund sick time to your 401(k) or other though, consider taking action.
$ P M P S t $ V U T t 1 F S N T
your plan with pretax dollars, so employer-sponsored retirement Once you know how many retire-
8 B Y J O H t 5 B O O J O H t ' P J M J O H
the more you put in, the lower your plan, such as a 457(b) or 403(b). ment plan dollars can result from
5 V F T E B Z T ' S J E B Z T # Z "