My company does not do a 401(k) match, what they do is take 10% of your total salary and dump it into a 401(k) for you. Say you make 100,000 a year, they take 10,000 out of their own earnings and dump it into a retirement acount for you.My questions are:1. Does this count as a bonus when time to withdrawl?2. Does this effect how much I can put into a 401(k)?3. Can this be converted into a Roth 401(k)?Keep in mind that I also contribute 10% of my salary to a ROTH 401(k) and max out a ROTH IRA.Any answers are greatly appreciated.kook79
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra