Click here to close
New Message Alert
Raise





Raise  

  Click Here to have an E-mail Sent to you when a new message is added to this thread
Author: Here's why   Date: 3/29/2023 12:42:36 PM  +0/-0   Show Orig. Msg (this window) Or  In New Window

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.

 
Reply    Return-To-Index     Display Full Msg Thread   Rules of Engagement   Terms of Use

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