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My employer (a credit union) only matches 50% of up to 6% of my gross income in contributions to my 401k. I've heard of better matches than this, but am not complaining.

There are better matches, but this is still pretty good. Think of it as getting a 50% return on your money. For example, you put in $100, with their match, its now $150, with no extra work/risk on your part. Hopefully you are only contributing up to the match.

HOWEVER, they also contribute a percentage (6 1/2% last year) of my gross as a year end bonus. Is this an exceptional benefit? Do many companies do this? Seems pretty stout to me. Too bad I can only choose from about 10 equity funds. :~(

Nice extra benefit.


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