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re: 401k with 4% Company match?

Posted on 1/13/15 at 12:10 pm to
Posted by Sisyphus
Member since Feb 2014
1825 posts
Posted on 1/13/15 at 12:10 pm to
This is my first experience with a 401k but my company does a 50% match up to the Federal limit and gave us a year end bonus of 6% of total salary added. I've been told this is pretty good?
Posted by Dave Worth
Metairie
Member since Dec 2003
1825 posts
Posted on 1/13/15 at 11:12 pm to
That doesn't sound bad. My company matches 100% up to 6%. Profit sharing has averaged and additional 3% per year over the last decade. I don't know if there are conditions to get the additional 3% but I'm getting matched almost 10% of my salary.
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