[Shuie]

The concept of max'ing out your 401k doesn't necessarily exist because its the best strategy for you. Sometimes it comes from upper management in top heavy companies who are trying to avoid getting a refund (and then paying the tax on the difference) on what they've put in or from having to fill out amended tax returns.

Make sure you are familiar with how 401k Non Discrimination Testing works if you are in a top heavy company where a Compensation Manager is telling you that contributing more to the plan is 'best'.