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401K Update

January 20th, 2007 at 11:25 pm

Our 401K statement came in the mail today. Our new balance is $42,312.20.
This is an increase of $858.20 for the month of December. Not as much as usual but still decent, considering what the stock market did last month.

On Year to Date for 2006
_________________________
$32,951.79 Beginning Balance
2,434.08 Employee Contribution
1,936.06 Employer Contribution
3,638.37 Market Gains
1,527.49 Other transactions
-173.59 Fees
-----------
$42,314.20

**********************

$9,362.41 Total increase in 401K for 2006

Not bad for only contributing 3% of our income. I wonder what would happen with 4%? Well, maybe we can up it later in the year and find out.

1 Responses to “401K Update”

  1. jersey jen Says:
    1169338455

    congrats on the nice balance! i'm thinking about upping my 401k 1% every 3- or 6-month as well.

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