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Started By
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What’s your employer’s 401K match?
Posted on 12/9/19 at 9:44 pm
Posted on 12/9/19 at 9:44 pm
My wife’s (architect) employer stopped 401K contributions in late 2008 and haven’t started back...despite raking in cash the last 3 years.
My company matches 75% up to 8% of salary.
They gave us an extra pct after Trump’s tax cuts.
Relative to my friends’ employers, this seems like a real solid 401K.
My company matches 75% up to 8% of salary.
They gave us an extra pct after Trump’s tax cuts.
Relative to my friends’ employers, this seems like a real solid 401K.
76
Posted on 12/9/19 at 9:47 pm to Eli Goldfinger
(no message)
This post was edited on 10/26/20 at 11:04 am
Posted on 12/9/19 at 9:48 pm to Eli Goldfinger
7%
Posted on 12/9/19 at 9:49 pm to Eli Goldfinger
No match.
Posted on 12/9/19 at 9:50 pm to Eli Goldfinger
6%
Posted on 12/9/19 at 9:50 pm to Eli Goldfinger
50% up to 7%
Posted on 12/9/19 at 9:50 pm to Belly
quote:
No match
Do you still contribute?
Posted on 12/9/19 at 9:51 pm to Eli Goldfinger
Yep.
Posted on 12/9/19 at 9:52 pm to Eli Goldfinger
10%. Probably why I still work there 
Posted on 12/9/19 at 9:52 pm to Eli Goldfinger
I think it is full match to 3% and half match the next 3%.
Posted on 12/9/19 at 9:54 pm to Eli Goldfinger
100% up to 6% of salary
Posted on 12/9/19 at 9:55 pm to Eli Goldfinger
6%
Don’t get too hung up on this benefit.
It’s good to have (obviously) but you can easily make up for a lower level match in additional salary or other benefits.
Don’t get too hung up on this benefit.
It’s good to have (obviously) but you can easily make up for a lower level match in additional salary or other benefits.
Posted on 12/9/19 at 9:55 pm to Johnny Roastbeef
quote:
10%
Dayum
Posted on 12/9/19 at 9:56 pm to Eli Goldfinger
6%
Posted on 12/9/19 at 9:56 pm to TexasTiger89
Starts at 2% of salary contribution. Works up to 10% at 10 years of service. Also get a pension.
Posted on 12/9/19 at 9:56 pm to TexasTiger89
25% match up to 6% which sucks
Need to stay 5 years to vest in pension. I think it’s 5% of salary per year. Each year get maybe 3% service credit on entire balance.
Need to stay 5 years to vest in pension. I think it’s 5% of salary per year. Each year get maybe 3% service credit on entire balance.
Posted on 12/9/19 at 9:57 pm to Eli Goldfinger
DO NOT only invest in your 401(k) for retirement.
This post was edited on 12/9/19 at 10:00 pm
Posted on 12/9/19 at 10:00 pm to Eli Goldfinger
50% up to 10%
Posted on 12/9/19 at 10:02 pm to Henry Jones Jr
quote:
DO NOT only invest in your 401(k) for retirement.
Thanks for the advice, Mr. Buffett.
Posted on 12/9/19 at 10:03 pm to Eli Goldfinger
100% up to 4% of salary
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