401k Problem Found!

Turns out my little discrepancy from the paycheck to my 401k plan is a question of printing. My paystub has the wrong amount for the corporate match. I am only supposed to receive 2.5% of my salary as corporate matching (if I contribute more than 5%), however, the math ended up showing that the corporate match on my check was a lot more than that. That’s what threw off Quicken.

I never checked to make sure the corporate match was the right amount of my check so I didn’t notice that the error was purely on the paystub showing the wrong dollar amount. Otherwise, my contribution and all dollar amounts were correct.

Darn. I was hoping to squeeze out another ~$70 from my company, but alas, it’s not mine.

Either way though, that might be an error purely on paper, or coming from someone else’s account, which would really stink.

I’m not sure how that all will get resolved, but the payroll lady is going to let me know if all my pay stubs will show the proper year-to-date amount going forward.

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