Jan 30, 2015
10:32:44am
10:32:44am
My work does this all the time. Starting last year they said:
Matching 401K every 2 weeks is the same as a lump sum the last day of the year.
This last year the stock market rose about 13%. Assuming I am an employee still on the last day (if you quit or get fired you lose it all), I got the 6% match. However, distributed out evenly through the year I would have made and additional .78%.
So my work easily made 100% + 6.78% = 106% just by taking out time.
Maybe 8+5 = 10 ... then add 3 later works, because you just add time. easy.
This last year the stock market rose about 13%. Assuming I am an employee still on the last day (if you quit or get fired you lose it all), I got the 6% match. However, distributed out evenly through the year I would have made and additional .78%.
So my work easily made 100% + 6.78% = 106% just by taking out time.
Maybe 8+5 = 10 ... then add 3 later works, because you just add time. easy.
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