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Burt Reynolds
Florida State Fan
L.A.
Member since Jul 2008
21105 posts

re: What's your employer contribution to your 401K?
quote:

My Minimum required contribution is 5.5% of my salary, while my employer contributes 10%.


You should contribute 10% if your employer contributes 10%. That is free money you are missing out on.


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HYDRebs
Ole Miss Fan
Houston
Member since Sep 2014
745 posts

re: What's your employer contribution to your 401K?
Match up to 5% plus end of the year profit sharing. Profit sharing has been typically 10-12% of salary.


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notsince98
Missouri Fan
KC, MO
Member since Oct 2012
6041 posts

re: What's your employer contribution to your 401K?
My current one is 50% up to 6%. So if I put in 6% I get an additional 3%. It is not great but the profit sharing and bonuses are solid.


Leonard
Houston Astros Fan
Texas
Member since Sep 2014
1660 posts

re: What's your employer contribution to your 401K?
quote:

My match maxes at 5% (100% for 3%, 50% for 2%, so 5% contribution to get 4%).


Same as this guy. Good funds too, so happy to contribute 15%


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bigbuckdj
LSU Fan
Member since Sep 2011
771 posts
 Online 

re: What's your employer contribution to your 401K?
quote:

2% min and they match 8%. Plus we have pension.


Are you in the office next to me?


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Dirtman16
Auburn Fan
Madison, AL
Member since Nov 2012
366 posts

re: What's your employer contribution to your 401K?
quote:

My current one is 50% up to 6%. So if I put in 6% I get an additional 3%.


Mine is the exact same, and we do typically get annual bonuses. Wish it was 100% up to 5 or 6 though.

Wife works for Department of the Army, and she gets 100% up to 6% plus a bonus 1% I believe.


blzr
Auburn Fan
Bham
Member since Mar 2011
21533 posts

re: What's your employer contribution to your 401K?
Mines 100% up to 8% which seems to be pretty good.


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Sisyphus
LSU Fan
Member since Feb 2014
1376 posts

re: What's your employer contribution to your 401K?
50% match up to the federal limit plus 4-8%(depending on how well we did that year) of your salary as 401k bonus at the end of the year.


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OceanMan
LSU Fan
Member since Mar 2010
8390 posts
 Online 

re: What's your employer contribution to your 401K?
quote:

I feel like i should take advantage of that rate and start contributing more.


Um yeah, that's 10% more you could be making


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CQQ
Houston Astros Fan
Member since Feb 2006
15830 posts

re: What's your employer contribution to your 401K?
Put in 3%, they match 9%

Need to bump my contributions up


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TD SponsorTD Fan
USA
Member since 2001
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UncleRuckus
LSU Fan
Member since Feb 2013
3280 posts

re: What's your employer contribution to your 401K?
We have to put in 3%, company will put in 6%. We have a pension too


Texastiger2207
Member since Aug 2017
29 posts

re: What's your employer contribution to your 401K?
100% match up to 6%. then 5% at the end of the year for profit sharing


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Thrawn
Huntsville, AL
Member since Sep 2017
26 posts

re: What's your employer contribution to your 401K?
Full match up to 6%. Plus 15% on the dollar for company stock.


southernelite
McNeese State Fan
New Orleans
Member since Sep 2009
49142 posts
 Online 

re: What's your employer contribution to your 401K?
quote:

100% up to 4%



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Fat Bastard
Boston College Fan
Paradise
Member since Mar 2009
30318 posts
 Online 

re: What's your employer contribution to your 401K?
ZERO!

just rolled my 401k into my TIRA

I am back contracting working for myself again.


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10
dkreller
LSU Fan
Offshore
Member since Jan 2009
22435 posts

re: What's your employer contribution to your 401K?
100% up to 5% and then a certain % based on your age.

So basically if I contributed nothing to my 401K right now my company would put 2% towards it.

I've been contributing 7% since day 1.


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fillmoregandt
Ole Miss Fan
Over the Mountain
Member since Nov 2009
10465 posts
 Online 

re: What's your employer contribution to your 401K?
quote:

100% up to 4%



This, plus an annual 2% contribution

I think the 2% is not necessary a given, but it's been given every year that I've been there


I contribut 6 and my employer gives 6 for a total of 12


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Popths
LSU Fan
Baton Rouge
Member since Aug 2016
1177 posts

re: What's your employer contribution to your 401K?
Whatever it is, if you can afford to, contribute 15% and be sure it's a "before tax" contribution. Never touch it and be set for retirement. I'm in the stages of life where I can put 24K per year. I max it out every year. I'm catching up from a divorce in 2000.


Gorilla Ball
LSU Fan
Gonzales, LA.
Member since Feb 2006
4904 posts

re: What's your employer contribution to your 401K?
good luck, since turning 50 I've been lucky to set aside 24,000 each yr
This post was edited on 9/23 at 9:36 am


LSUtoOmaha
LSU Fan
Nashville
Member since Apr 2004
24088 posts
 Online 

re: What's your employer contribution to your 401K?
Ours goes up based on years of service. Like 3% at first up to 9%.





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