Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
The Competition
FedEx Discussions
Average Retirement Contribution
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Oldfart" data-source="post: 2683301" data-attributes="member: 64407"><p>If you contribute 1%, they match that 1%. If you make $500, you contribute $5,, they put in $5. If you put in 2%, they put in 1.5%. Same $500 gross. You put in $10, they put in $7.50. You put in 3%, they put in 2%, Your $15 to their $10. Just remember after your first 1% that they match totally, every time you bump your contribution up 1%, they are gonna bump theirs .5% At your 6% contribution, theirs will be 3.5%. That is their MAX contribution.</p><p></p><p>Not everyone can afford to contribute 6% right away but it is important to be enrolled and make some sacrifices while you work so you can retire very comfortably. Just doing a little investing while you are young will go a long way come retirement age.</p><p></p><p>Any further questions, don't hesitate to ask.</p></blockquote><p></p>
[QUOTE="Oldfart, post: 2683301, member: 64407"] If you contribute 1%, they match that 1%. If you make $500, you contribute $5,, they put in $5. If you put in 2%, they put in 1.5%. Same $500 gross. You put in $10, they put in $7.50. You put in 3%, they put in 2%, Your $15 to their $10. Just remember after your first 1% that they match totally, every time you bump your contribution up 1%, they are gonna bump theirs .5% At your 6% contribution, theirs will be 3.5%. That is their MAX contribution. Not everyone can afford to contribute 6% right away but it is important to be enrolled and make some sacrifices while you work so you can retire very comfortably. Just doing a little investing while you are young will go a long way come retirement age. Any further questions, don't hesitate to ask. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
The Competition
FedEx Discussions
Average Retirement Contribution
Top