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re: Need help breaking down a job offer....

Posted on 12/21/15 at 9:32 pm to
Posted by TigerDeBaiter
Member since Dec 2010
10267 posts
Posted on 12/21/15 at 9:32 pm to
quote:

Almost everyone at the company has been there fairly long term.


Well, then it sounds like a solid employee longevity program then. Like I said, I was going immediately to the possible negatives. Good luck.

And make sure you max out your Roth IRA and HSA if you have a HDHP to make up for the lack of 401K.
This post was edited on 12/21/15 at 9:33 pm
Posted by THRILLHO
Metry, LA
Member since Apr 2006
49519 posts
Posted on 12/21/15 at 9:46 pm to
quote:

And make sure you max out your Roth IRA and HSA if you have a HDHP to make up for the lack of 401K.



I don't know what any of that means.

Let's say that I still have $15k in student loans (currently paying ~10% interest on) at that point where I'm eligible to get the SEP. Will I be able to take the money that the employer is contributing and pay off the loans? Would it make sense financially with the penalties considered (again, I got the impression that there are no penalties).
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