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re: Where should my 401k be at my age?

Posted on 7/12/17 at 2:56 pm to
Posted by Rhames
Member since Apr 2013
1138 posts
Posted on 7/12/17 at 2:56 pm to
Hahahaha.


Is this a 350 troll?

quote:

kay, i just had to talk to HR cause i couldn't remember. my employer will match up to 7% of my weekly contribution(we get paid weekly). so if i contribute $50, they'll contribute 7% percent of that which is $3.50.



They only match 7% of what you put In? Is it possible there is a misunderstanding and it is up to 7% of your salary
This post was edited on 7/12/17 at 3:03 pm
Posted by finchmeister08
Member since Mar 2011
35834 posts
Posted on 7/12/17 at 3:10 pm to
quote:

They only match 7% of what you put In? Is it possible there is a misunderstanding and it is up to 7% of your salary

my HR rep said, "We will match $0.05 per $1.00 up to 7% of my weekly contribution." if that's true, that may be why i get so much back with the profit sharing instead of each week.
This post was edited on 7/12/17 at 3:26 pm
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