Message Font: Serif | Sans-Serif
No. of Recommendations: 0
<<It seems as though I was not as clear as I should have been, however. When I said my employer matching was 3%, I was mistaken. After reviewing the ol' proverbial employee handbook, it is not 3%, it's 2%. Translated, that means that for every $1 I contribute to my 401(k), I get 2 cents. $100 contributed = $2 employer matching.>>

really?? strange? you are sure its not they will match up 2% of your pay at say 25% 33% or 50%??

If you put in 1% of your pay say $250 they will match with $5. thats not worth it unless the plan is good.
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.