I am starting with a new employer and was wondering how the balances would look joining midyear.
My plan does not carry over any funds and I must use them before Dec 31st.
If I contribute $1200 a year. I will have access to that entire amount in August. In December, however, I will lose access to that money until next August or will I receive another $1200 to use in 2022. I wasn’t sure how it worked when I started midyear.
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