Quote:
Originally Posted by mbanks21
Quote:
Originally Posted by premier3is
I looked it up since I was curious, and there is a 401k plan handbook from your job posted on google from the early 2000s which says " your employer gives a matching contribution equal to 50% of your elected deferral". I'm assuming after all these years it's 85% now but that's still not dollar for dollar.
https://www.franklintempleton.com/sh...EZ_STD_SPD.pdf |
https://www.plansponsor.com/awards/2...ns/?pid=117017
Match rate 75% of every dollar contributed with no cap, including catch-up contributions
It's 85% for 3 years then back to 75% FYI |
If that's truly the case then that's very good. No real need to invest in the stock market at that point when you get 85% matched as free money lol
