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Investing/Strategies / Retirement Investing
|Subject: Re: 401(k) Article||Date: 4/25/2001 1:08 PM|
|Author: TerryMcK||Number: 29309 of 76882|
I don't see this as a "gotcha". Unlike some of the finer points being discussed in this thread, the limit and matching amount are the most basic parts of a 401K plan.
If someone offers to give me nn% for free, I think I can do the simple math to insure I get the full nn% over the 12 months rather than try to front load my contributions and lose some of the free $$ at the back end.
You stated that some employers would continue the match while others would not. I can't think of any reason or way that an employer could/would continue a match based on the scenario that C2Reed listed. If you miscalculate your contributions, that's it.
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