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re: 401k Matching Question

Posted on 6/4/14 at 9:20 am to
Posted by wiltznucs
Apollo Beach, FL
Member since Sep 2005
9002 posts
Posted on 6/4/14 at 9:20 am to
quote:

My last job matched 0%.


Yepper, that only recently changed at my current employer. They eliminated the Pension Plan and switched to a 2% match this year.
This post was edited on 6/4/14 at 9:21 am
Posted by Chris4x4gill2
North Alabama
Member since Nov 2008
3092 posts
Posted on 6/4/14 at 9:44 am to
MY last company matched 50% of your contribution, up to 6% - (You put in 6, they match with 3)

My current company has gone through several 401K related changes the last few years. When I hired in they gave 10% of salary to your 4501K once per year. That was changed to 8%. Then to 4% + dollar for dollar match of 4%. Now we are at dollar for dollar match of 4% with an additional 4% possible if revenue numbers are met.
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