The Chosen 1
God, Family, UPSer
Just saw this newly "PRU 401K" deduction taken out my paycheck this week and was curious as to what exactly it may be... Can anyone give any insight on this?
PRU 401K Deduction?...
- Thread starter The Chosen 1
- Start date
They must have automatically enrolled you in the 401k
UpstateNYUPSer(Ret)
Well-Known Member
Newbies are automatically enrolled in the 401k at a 3% contribution rate. You can reduce that to zero or increase it---your choice.
My advice? Keep it at 3% for now. You won't even notice it.
My advice? Keep it at 3% for now. You won't even notice it.
Jackburton
Gone Fish'n
Glad they are doing this, strictly for selfish reasons of course.
The Chosen 1
God, Family, UPSer
Nice! Yea I'll keep it just where it is...
Jackburton
Gone Fish'n
Nah, I'm going to be lucky to break 115k. Trying to get under the threshold for HCE and I have a two week trip overseas planned that I'd otherwise work through.
I know you work your ass off.
God bless you brother
And when you get your next raise, raise your 401k
Wally
BrownCafe Innovator & King of Puns
HCE? What's that?
It's a pile of crap.
Can easily turn that feature off online if you want to.
Brownslave688
You want a toe? I can get you a toe.
It's something you should add to everytime you get a raise from here on out.
At least
Babagounj
Strength through joy
Even when I was only a P/T sometimes I would jack the rate up to 17% .
When I got those retro checks for being a Year 1 Combo , half of the amount went right into the 401K .
I usually kept it around 8% , increasing by at least 1% each year I got closer to retirement .
When I got those retro checks for being a Year 1 Combo , half of the amount went right into the 401K .
I usually kept it around 8% , increasing by at least 1% each year I got closer to retirement .
I believe a bright horizon fund.
