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why do employers match 100 percent of an employees 401k?

what's in it for them? My company matches 100 percent of my ...
iridescent patrolman
  09/18/17
uh because it's a perk and perks help influence people's dec...
Glittery address
  09/18/17
how about just increase the salary and not resources stuff o...
iridescent patrolman
  09/18/17
(Biglawyer)
effete love of her life
  09/18/17
nope. more like salesman.
iridescent patrolman
  09/18/17
(guy who doesn't understand taxes)
exciting crawly wagecucks tanning salon
  09/19/17
...
mahogany contagious lay
  09/19/17
...
insane aromatic hospital
  09/19/17
...
Sadistic Stage
  09/18/17
free money is not a $cam bro. at least contribute up to the...
Smoky high-end brunch
  09/18/17
i don't know man...
iridescent patrolman
  09/18/17
you always go AT LEAST to the match. it's free money that y...
Supple milky milk
  09/19/17
CR
aquamarine stirring associate
  09/19/17
JFC you are way too dumb to post here.
amber point ratface
  09/18/17
*invests in 401k* *loses more than half of it during a re...
iridescent patrolman
  09/18/17
Doesnt invest in 401k for whole life. Misses out on 7% av...
Carmine Indian Lodge Candlestick Maker
  09/18/17
do you mean you dont vest so they match 100% automatically u...
Angry Cruel-hearted Tank Personal Credit Line
  09/18/17
How much do they match for you bozos
Vigorous step-uncle's house reading party
  09/18/17
why do you hate me?
Angry Cruel-hearted Tank Personal Credit Line
  09/18/17
i don't know. i didn't ask HR cause i just wasn't interested...
iridescent patrolman
  09/18/17
Because it's free money for them - part of what otherwise wo...
Zombie-like travel guidebook filthpig
  09/18/17
...
histrionic organic girlfriend
  09/18/17
hmm...
iridescent patrolman
  09/18/17
Employer contributions are a tax write off.
insane aromatic hospital
  09/18/17
Isn't salary a write off?
shaky selfie
  09/18/17
Generally, but there are some exceptions. E.g., IRC § 1...
charismatic awkward toilet seat
  09/18/17
Price discrimination. They tell all potential employees that...
unhinged lemon factory reset button
  09/19/17
Is there any tax benefit that employer match has over a sala...
Khaki Quadroon Principal's Office
  09/19/17
hehe
canary home brethren
  09/19/17
rare cr from you ted. its a scam
canary home brethren
  09/19/17
Ty
iridescent patrolman
  09/19/17
Tax favored contributions to executives are limited to a mul...
Bearded abode philosopher-king
  09/19/17
...
Well-lubricated talented sound barrier
  09/19/17
gotta incentivize somehow.
Supple milky milk
  09/19/17
Avoid failing the IRS' nondiscrimination test?
fishy volcanic crater
  09/19/17
...
Supple milky milk
  09/19/17
bros, just checked and 401k is at 14.9% ytd lol wtf... s&...
Angry Cruel-hearted Tank Personal Credit Line
  09/19/17
Euro/international stock funds are doing super well
aquamarine stirring associate
  09/19/17
music will end any day now...
Angry Cruel-hearted Tank Personal Credit Line
  09/19/17
bc matching was conceived of as a (poor) substitute for pens...
beady-eyed theater stage
  09/19/17


Poast new message in this thread



Reply Favorite

Date: September 18th, 2017 8:53 PM
Author: iridescent patrolman

what's in it for them? My company matches 100 percent of my 401k and it got me wondering: do they get any tax breaks? why would they want to waste money from their own pocket for my 401k?

it makes do damn sense... anyways i wont want to do the 401k thingy. i think it's a boomer scam. and i also need the money.

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239248)



Reply Favorite

Date: September 18th, 2017 8:53 PM
Author: Glittery address

uh because it's a perk and perks help influence people's decision to work there or not?

if everyone else in the market is doing it, you have to too

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239255)



Reply Favorite

Date: September 18th, 2017 8:55 PM
Author: iridescent patrolman

how about just increase the salary and not resources stuff on 401k scams? millenials dont buy into this whole 401k crap.

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239275)



Reply Favorite

Date: September 18th, 2017 8:59 PM
Author: effete love of her life

(Biglawyer)

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239300)



Reply Favorite

Date: September 18th, 2017 9:00 PM
Author: iridescent patrolman

nope. more like salesman.

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239311)



Reply Favorite

Date: September 19th, 2017 2:46 PM
Author: exciting crawly wagecucks tanning salon

(guy who doesn't understand taxes)

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34244039)



Reply Favorite

Date: September 19th, 2017 6:53 PM
Author: mahogany contagious lay



(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34246152)



Reply Favorite

Date: September 19th, 2017 6:56 PM
Author: insane aromatic hospital



(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34246186)



Reply Favorite

Date: September 18th, 2017 9:35 PM
Author: Sadistic Stage



(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239624)



Reply Favorite

Date: September 18th, 2017 8:53 PM
Author: Smoky high-end brunch

free money is not a $cam bro. at least contribute up to the match jfc.

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239256)



Reply Favorite

Date: September 18th, 2017 8:56 PM
Author: iridescent patrolman

i don't know man...

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239284)



Reply Favorite

Date: September 19th, 2017 2:49 PM
Author: Supple milky milk

you always go AT LEAST to the match. it's free money that you would likely have to save anyways. iirc, it lowers you AGI as well.

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34244061)



Reply Favorite

Date: September 19th, 2017 7:34 PM
Author: aquamarine stirring associate

CR

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34246429)



Reply Favorite

Date: September 18th, 2017 8:54 PM
Author: amber point ratface

JFC you are way too dumb to post here.



(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239258)



Reply Favorite

Date: September 18th, 2017 8:57 PM
Author: iridescent patrolman

*invests in 401k*

*loses more than half of it during a recession*

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239290)



Reply Favorite

Date: September 18th, 2017 9:09 PM
Author: Carmine Indian Lodge Candlestick Maker

Doesnt invest in 401k for whole life.

Misses out on 7% average post-tax returns.

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239393)



Reply Favorite

Date: September 18th, 2017 8:55 PM
Author: Angry Cruel-hearted Tank Personal Credit Line

do you mean you dont vest so they match 100% automatically up to x%? if that's what you meant, it's for safe harbor testing so they don't get sued. gc never not gc'ing.

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239273)



Reply Favorite

Date: September 18th, 2017 8:57 PM
Author: Vigorous step-uncle's house reading party

How much do they match for you bozos

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239288)



Reply Favorite

Date: September 18th, 2017 8:58 PM
Author: Angry Cruel-hearted Tank Personal Credit Line

why do you hate me?

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239292)



Reply Favorite

Date: September 18th, 2017 8:58 PM
Author: iridescent patrolman

i don't know. i didn't ask HR cause i just wasn't interested in it. but a lot of older folks were.

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239294)



Reply Favorite

Date: September 18th, 2017 9:11 PM
Author: Zombie-like travel guidebook filthpig

Because it's free money for them - part of what otherwise would be your salary - when you don't.



(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239406)



Reply Favorite

Date: September 18th, 2017 9:15 PM
Author: histrionic organic girlfriend



(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239439)



Reply Favorite

Date: September 18th, 2017 9:35 PM
Author: iridescent patrolman

hmm...

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239621)



Reply Favorite

Date: September 18th, 2017 9:13 PM
Author: insane aromatic hospital

Employer contributions are a tax write off.

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239422)



Reply Favorite

Date: September 18th, 2017 9:36 PM
Author: shaky selfie

Isn't salary a write off?

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239629)



Reply Favorite

Date: September 18th, 2017 9:42 PM
Author: charismatic awkward toilet seat

Generally, but there are some exceptions. E.g., IRC § 162(m).

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239665)



Reply Favorite

Date: September 19th, 2017 2:03 PM
Author: unhinged lemon factory reset button

Price discrimination. They tell all potential employees that the perk is there but not all will use it.

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34243616)



Reply Favorite

Date: September 19th, 2017 2:12 PM
Author: Khaki Quadroon Principal's Office

Is there any tax benefit that employer match has over a salary increase?

I get that not all employees will use the match. But I also think tons of employees will not correctly view the match as income. Maybe the match functions as a raise only for those employees who read the fine print and care.

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34243702)



Reply Favorite

Date: September 19th, 2017 2:13 PM
Author: canary home brethren

hehe

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34243703)



Reply Favorite

Date: September 19th, 2017 2:13 PM
Author: canary home brethren

rare cr from you ted. its a scam

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34243707)



Reply Favorite

Date: September 19th, 2017 4:23 PM
Author: iridescent patrolman

Ty

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34244922)



Reply Favorite

Date: September 19th, 2017 2:36 PM
Author: Bearded abode philosopher-king

Tax favored contributions to executives are limited to a multiple of the average employee.

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34243956)



Reply Favorite

Date: September 19th, 2017 2:38 PM
Author: Well-lubricated talented sound barrier



(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34243972)



Reply Favorite

Date: September 19th, 2017 2:55 PM
Author: Supple milky milk

gotta incentivize somehow.

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34244108)



Reply Favorite

Date: September 19th, 2017 2:39 PM
Author: fishy volcanic crater

Avoid failing the IRS' nondiscrimination test?

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34243978)



Reply Favorite

Date: September 19th, 2017 2:55 PM
Author: Supple milky milk



(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34244110)



Reply Favorite

Date: September 19th, 2017 6:44 PM
Author: Angry Cruel-hearted Tank Personal Credit Line

bros, just checked and 401k is at 14.9% ytd lol wtf...

s&p is at 13.5%?! where's all this expansion coming from

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34246056)



Reply Favorite

Date: September 19th, 2017 7:37 PM
Author: aquamarine stirring associate

Euro/international stock funds are doing super well

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34246445)



Reply Favorite

Date: September 19th, 2017 7:50 PM
Author: Angry Cruel-hearted Tank Personal Credit Line

music will end any day now...

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34246515)



Reply Favorite

Date: September 19th, 2017 10:46 PM
Author: beady-eyed theater stage

bc matching was conceived of as a (poor) substitute for pensions. it wasn't that long ago your employer was supposed to fully fund your retirement w a defined benefit.

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34247611)