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re: 401k Matching Question
Posted on 6/4/14 at 9:07 pm to Chris4x4gill2
Posted on 6/4/14 at 9:07 pm to Chris4x4gill2
My employer guarantees 50% match up to 6% earnings.
And every year based on company performance (revenues and profits), they add up to an additional 50% (applied on the following year's pay).
It ranges from an additional 18% up to as much as an additional 43%.
It definitely keeps us focus on why we are employed (productivity).
And every year based on company performance (revenues and profits), they add up to an additional 50% (applied on the following year's pay).
It ranges from an additional 18% up to as much as an additional 43%.
It definitely keeps us focus on why we are employed (productivity).
1
Posted on 6/5/14 at 7:43 am to meansonny
Mine matches dollar for dollar the first 6%.
My old company put in 3-5% of your salary based on years worked then matched dollar for dollar the first 5% you put into the plan.
My old company put in 3-5% of your salary based on years worked then matched dollar for dollar the first 5% you put into the plan.
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