the company i work for has a 401k plan that has the option for before or after tax contributions. for before tax, the limits are 1-15% of the paycheck and for after it's 1-3%. the company also matches up to 4% on the before tax contributions. for the after tax, why don't they offer a match and why are the limits so low? please explain as simply as possible, as i am not too literate in all the investment/retirement language (though i want to be someday). thanks in advance.
2007-01-16
05:16:21
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4 answers
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asked by
Anonymous