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Sep 18, 2019
3:50
:33
pm
CBaass
All-American
No matter what you make, max out that free money employer match
If it’s available to you.
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CBaass
Previous username
BigBassThunder
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CBaass
Joined
Sep 3, 2007
Last login
May 2, 2024
Total posts
16,302 (5,599 FO)
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Messages
Author
Time
POLL: How much total goes into your individual 401(k) per year (i.e., your contributions plus employer match)
slappy
All-American
9/18/19 3:47pm
No matter what you make, max out that free money employer match
CBaass
9/18/19 3:50pm
<< Deleted >>
Raging Caddy
9/18/19 4:07pm
All of it. Even the .5 match is free money.
slappy
9/18/19 4:10pm
Umm.... there's a max. $18,500
El Fuego
9/18/19 3:53pm
$19k for individual, and employer match doesn't count toward the max.
slappy
9/18/19 3:54pm
You're right... that was last year but anyone getting over 7% match is a rarity.
El Fuego
9/18/19 3:55pm
13% here!
Ozymandias
9/18/19 4:03pm
That's impressive.
El Fuego
9/18/19 4:08pm
RE: 13% here!
slappy
9/18/19 4:10pm
Just curious... does it max out at a certain % of pay?
El Fuego
9/18/19 4:29pm
Don't think so, but I'm not sure.
slappy
9/18/19 4:46pm
Nope, it does not. It is really a great benefit.
Ozymandias
9/18/19 8:32pm
<< Deleted >>
tassell
9/18/19 4:07pm
But that is in place of social security, right?
Ozymandias
9/18/19 4:13pm
<< Deleted >>
tassell
9/18/19 8:29pm
I see. Some public employees have plans that are in place of SS.
Ozymandias
9/18/19 8:33pm
<< Deleted >>
tassell
9/18/19 8:38pm
Probably not, if you are still paying into SS.
Ozymandias
9/18/19 8:42pm
$56k Max or something like that into employer savings
stoils
9/18/19 4:11pm
Solo 401k is about 56k now..
cougfanz
9/18/19 4:23pm
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