Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Employer 401k Match"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]Of base salary, regardless of employee contribution: <5 years of service 5%base 5-10 years of service 7% base >10 years of service 10%base If you go over the max amount set by irs the additional company contribution goes into an investment account that you take as a bonus when you leave or upon retirement. Leadership positions get profit sharing in addition to this. If you don’t rise to leadership in your mid-40s, you don’t make it through the layoffs we seem to have every other year now. I get a full pension because I joined prior to 2012, when they stopped that and instead do an investment account that turns to an annuity that you take when you leave the company - not as good as the pension and cheaper for the company.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
