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re: What's considered a good percentage for an employer match on a 401k
Posted on 1/15/12 at 11:17 pm to TheHiddenFlask
Posted on 1/15/12 at 11:17 pm to TheHiddenFlask
quote:
5 or 6 is very good. Anything more is shocking.
I had a professor mention they (professors) put in 5% and the university "matches" with 10%.
So they work 2-3 days a week, have 1/4 of the year off completely and get those kinds of benefits. Not a bad gig.
2
Posted on 1/16/12 at 10:54 am to lsu711
quote:
So they work 2-3 days a week, have 1/4 of the year off completely and get those kinds of benefits. Not a bad gig.
not exactly true, depending on the field the professor is in
Posted on 1/16/12 at 11:12 am to lsu711
quote:
I had a professor mention they (professors) put in 5% and the university "matches" with 10%.
So they work 2-3 days a week, have 1/4 of the year off completely and get those kinds of benefits. Not a bad gig.
My professor wife puts in 4% and they match 6%.
quote:
work 2-3 days a week
She honestly works about 60 hours a week for pretty mediocre pay.
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