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Raise
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Author: Here's why Date:
3/29/2023 12:42:36 PM +0/-0
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401k contribution is typically capped at your base salary. I.e. let's say I had a $100k base salary, they will match 3% of that for $3k a year.
If I get a 3% raise I get the same $3k a year (taxed) but every raise I get after that will compound, not to mention a 3k raise raises my hourly rate which all my OT is based off of. |
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Q: if you had a choice between a 3% raise now or a 3% increase in your 401 (NT)
+0/-0 contributions, what would you prefer? 3/27/2023 9:24:25 PM
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