I emailed the partner in charge of payroll and told him I wanted to contribute $512.50 per month including the firm's $87 portion. Well, he must have read my email too quickly (or maybe he just wanted to make me sweat). Because out of my semi-monthly paycheck they took $512.50! That's $300 more out of my check than I was expecting!!
But after sleeping on it, I've decided I'm going to try and leave it like it is. I'll end up putting in $4,100 before the end of the year. And the firm will contribute an additional $348. That goes a long way towards the $5,000 deductible we now have. And if we go four months without approaching that deductible, this might be my "forced savings" way for the upcoming orthodontist expenses.
I didn't have any real plans to SPEND that money. It would have gone into a holding pattern to hopefully put into my Roth. But braces are in the 9 yr. old's future.....I might as well face it. We have our initial consultation with the orthodontist next month....I'll know more then what I'm up against. At least it won't be such a sticker shock knowing that gobs and gobs of money are being set aside right now for it!!!