Do contribute to the maximum allowable amount.

Because:
1) Your contribution is pre-tax. It reduces the tax you pay each year.
2) Company matching is free money. If you don't contribute above 7.5%, it's like throwing money away.
3) IRS has an annual cap of around $15,000 for 401(k) contribution. So you don't need to worry about over-contribution. It will automatically stop when it reaches the cap.
It looks like your company has a very generous plan. It's vested immediately and it matches up to 7.5%.

所有跟帖： 

• That's why it's hard to make a final decision. -丫鸟丫鸟- ♂ (0 bytes) () 01/17/2008 postreply 07:54:04

• If I were you, I would put into as much I could afford. -newgal- ♀ (0 bytes) () 01/17/2008 postreply 08:09:02

• good idea, especially the interest is so low in bank -丫鸟丫鸟- ♂ (0 bytes) () 01/17/2008 postreply 08:20:42