For some reason, my company retirement plan administrator allowed me to make contributions before I was eligible (I thought my eligibility started at 12 months of employment, but it actually started on Jan 1 after my first full year of employment). Because of this, they're making a corrective distribution and refunding my contributions plus earnings. Between the traditional and Roth 401(k) it's a little over $6,000.
What do I do with it? My thinking was max out my HSA (my IRA is already maxed), increase my monthly 401(k) contributions 1-2% to get some of that money back in, and put the rest into my HYSA to rebuild my emergency fund.
original posted by wis91 to r/personalfinance on Thu, 29 Feb 2024 15:31:41 GMT.