The most prestigious law school admissions discussion board in the world.
|
 |
 
|
why do employers match 100 percent of an employees 401k?
Poast new message in this thread
Date: September 18th, 2017 8:53 PM Author: ultramarine office 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. |
Date: September 18th, 2017 8:53 PM Author: alcoholic bawdyhouse 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 |
 |
Date: September 18th, 2017 8:55 PM Author: ultramarine office 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) |
|
Date: September 18th, 2017 8:59 PM Author: Clear slap-happy trailer park persian (Biglawyer) (http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239300) |
|
Date: September 18th, 2017 9:00 PM Author: ultramarine office nope. more like salesman. (http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239311) |
|
Date: September 19th, 2017 2:46 PM Author: irradiated maize water buffalo sandwich (guy who doesn't understand taxes) (http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34244039) |
|
Date: September 19th, 2017 6:53 PM Author: Umber field quadroon (http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34246152) |
|
Date: September 19th, 2017 6:56 PM Author: Federal anal range (http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34246186) |
|
Date: September 18th, 2017 9:35 PM Author: honey-headed up-to-no-good national yarmulke (http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239624) |
|
Date: September 18th, 2017 8:53 PM Author: Metal supple voyeur legend 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) |
|
Date: September 18th, 2017 8:56 PM Author: ultramarine office i don't know man... (http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239284) |
|
Date: September 19th, 2017 2:49 PM Author: Insane vengeful home pocket flask 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) |
|
Date: September 19th, 2017 7:34 PM Author: mahogany degenerate abode CR (http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34246429) |
|
Date: September 18th, 2017 8:54 PM Author: frum startling shrine round eye JFC you are way too dumb to post here.
|
|
Date: September 18th, 2017 8:57 PM Author: ultramarine office *invests in 401k*
*loses more than half of it during a recession* |
|
Date: September 18th, 2017 9:09 PM Author: Swashbuckling Self-absorbed Corn Cake Locale Doesnt invest in 401k for whole life.
Misses out on 7% average post-tax returns. |
|
Date: September 18th, 2017 8:55 PM Author: frozen market 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) |
|
Date: September 18th, 2017 8:57 PM Author: Citrine Philosopher-king How much do they match for you bozos (http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239288) |
|
Date: September 18th, 2017 8:58 PM Author: frozen market why do you hate me? (http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239292) |
|
Date: September 18th, 2017 8:58 PM Author: ultramarine office 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) |
|
Date: September 18th, 2017 9:11 PM Author: racy lettuce Because it's free money for them - part of what otherwise would be your salary - when you don't.
|
|
Date: September 18th, 2017 9:15 PM Author: Stubborn pontificating friendly grandma (http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239439) |
|
Date: September 18th, 2017 9:35 PM Author: ultramarine office hmm... (http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239621) |
|
Date: September 18th, 2017 9:13 PM Author: Federal anal range Employer contributions are a tax write off. (http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239422) |
|
Date: September 18th, 2017 9:36 PM Author: Lake trip shitlib chapel Isn't salary a write off? (http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239629) |
|
Date: September 18th, 2017 9:42 PM Author: confused state Generally, but there are some exceptions. E.g., IRC § 162(m). (http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239665) |
|
Date: September 19th, 2017 2:03 PM Author: Claret Den Sweet Tailpipe 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) |
|
Date: September 19th, 2017 2:12 PM Author: awkward mind-boggling patrolman pistol 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. |
|
Date: September 19th, 2017 2:13 PM Author: buck-toothed hell telephone hehe (http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34243703) |
|
Date: September 19th, 2017 2:13 PM Author: buck-toothed hell telephone rare cr from you ted. its a scam (http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34243707) |
|
Date: September 19th, 2017 4:23 PM Author: ultramarine office Ty (http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34244922) |
|
Date: September 19th, 2017 2:36 PM Author: Topaz nowag 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) |
|
Date: September 19th, 2017 2:38 PM Author: light library gay wizard (http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34243972) |
|
Date: September 19th, 2017 2:55 PM Author: Insane vengeful home pocket flask gotta incentivize somehow. (http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34244108) |
|
Date: September 19th, 2017 2:39 PM Author: Stimulating Onyx Fat Ankles Avoid failing the IRS' nondiscrimination test? (http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34243978) |
|
Date: September 19th, 2017 2:55 PM Author: Insane vengeful home pocket flask (http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34244110) |
|
Date: September 19th, 2017 6:44 PM Author: frozen market 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 |
|
Date: September 19th, 2017 7:37 PM Author: mahogany degenerate abode Euro/international stock funds are doing super well (http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34246445) |
|
Date: September 19th, 2017 7:50 PM Author: frozen market music will end any day now... (http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34246515) |
|
Date: September 19th, 2017 10:46 PM Author: buff plaza boistinker 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) |