that is what percentage of your salary do they pay as a 401k benefit?
2006-08-25 06:44:11 · 6 answers · asked by j j 1 in Business & Finance ➔ Investing
They give up to 10% maximum for my 4% matching contribution.
2006-08-25 10:35:31 · answer #1 · answered by Yardbird 5 · 0⤊ 0⤋
I put in 5%,they give 5%
no limit of percentage of your contribution but up to 15000 of the IRS limit meaning I could contribute 576/pay period +5% of the company match of my base pay which preety decent matching.
But learn how to invest the right way is the key.
At the age of 32, my 401k already amassed 73000 and 30000 in taxable account with just average american salary
2006-08-25 07:12:25 · answer #2 · answered by Hoa N 6 · 0⤊ 0⤋
They match 3% on our 5% contribution (i.e. $3 for every $5 I contribute). Another company I worked for was 5% match on a 6% contribution.
Don't look a gift horse in the mouth...free money is good...
2006-08-25 06:50:53 · answer #3 · answered by The ~Muffin~ Man 6 · 0⤊ 0⤋
The company I work for matches 40% of what we contribute. We are allowed to contribute up to 15% of our gross pay with a $15,000 max per year.
2006-08-25 06:50:15 · answer #4 · answered by mj216 3 · 0⤊ 0⤋
they match 100% or my contribution up to 6% of my income
2006-08-25 11:26:18 · answer #5 · answered by bigtymerz408 2 · 0⤊ 0⤋
50 % up to 4 % of the gross salary.
2006-08-25 06:53:44 · answer #6 · answered by Amanda L 1 · 0⤊ 0⤋