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Reply to "Question about company matching -- 401K plan"
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[quote=Anonymous]My Salary is $65K per year. I recently found out that my company has made changes to our 401K plan. My company will contribute up to 100% match for up to 3% of my income. The company will then contribute 50% match for up to the remaining 2%. Im bad at math...can you help me with these calculations please? How much should I contribute monthly/annually so that I can be sure to max our my retirement savings every year. Also, is my company's match good? How much does your company match?[/quote]
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