Thread: We apologize
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jmcquown jmcquown is offline
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Default We apologize

Nancy Young wrote:
> "Gabby" > wrote
>
>> Can you decide how much you put in to your 401K or is it a set
>> percentage of your income?

>
> Last I heard you could shield up to 6% of your income, and
> the company can match all of it or none of it. The company
> I worked for matched dollar for dollar, towards the end they
> went to the more standard 50 cents on the dollar.
>
> nancy


Yep, up to 6% of your income and my former employer matched 100% of that.
After 5 years you have a fully vested interest in the employer matching
funds so if you leave, their money is also your money.

Jill