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401K (Two Income Sources)

Dec 29, 2015 01:07PM EST

I contribute to my 401K from two sources: 1) My primary income and 2) My Other Income - Bonus. ...

My monthly 401k contributions are correctly reflected under "My Primary Income"

Additionally, I contribute a lump sum into my 401k from the bonus income I receive. There is no place to reflect this and as a result my wellness score is impacted because it appears I'm contributing less to my 401K on an annual basis.

I've tried to mitigate this by providing an Annual 401K contribution number, but this in turn drives my "take home" pay to be incorrectly reflected due to the retirement line being inflated on a monthly basis.

This could potentially be solved by providing the option to input a 401K contribution amount under "other income - bonus" . In the meantime, what are my options to mitigate and correct the wellness score?

Thanks for your help.

Best Answer

HelloWallet Support Answer

Jan 05, 2016 04:54PM EST
HelloWallet Support

The best solution for this problem at the current time would be to combine the bonus and your regular income into just the primary income field, then fill in the total take home with the correct take home number and fill in the full 401k number with the correct 401k contribution. That should make everything show correctly, as the take home field acts as an override for any estimations we make on deductions.

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