Does "Safe Harbor Matching Contribution. In order to maintain "safe harbor" status, your Employer will make a safe harbor matching
contribution equal to 100% of your elective deferrals that do not exceed 6% of your compensation. This safe harbor matching contribution
is 100% vested" mean that if I contribute 6%, they'll match the 6%?
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Yes, this means if you put in 6%, they match 6%. If you put in 8%, they match the first 6%. If you put in 4%, they match 4%.
Awesome, thanks. 
Just wanted to make sure since I've had to search for ages since it feels like the info is so obscured.
Just wanted to make sure since I've had to search for ages since it feels like the info is so obscured.
My employer doesn't match anything. That makes me a sad panda.
We also haven't had bonuses, profit sharing contributions, or raises in about 3 years...
Edited, Dec 24th 2011 3:19pm by TirithRR
We also haven't had bonuses, profit sharing contributions, or raises in about 3 years...
Edited, Dec 24th 2011 3:19pm by TirithRR
Can't sleep, clown will eat me.
TirithRR wrote:
We also haven't had bonuses, profit sharing contributions, or raises in about 3 years...
It's been a good year here. I got all 3. :)
BrownDuck wrote:
TirithRR wrote:
We also haven't had bonuses, profit sharing contributions, or raises in about 3 years...
It's been a good year here. I got all 3. :)
My company matches 35% up to 6% depending on profitability. In 2009, they matched. Last year they didn't. Remains to be seen if they'll match this year.
People don't like to be meddled with. We tell them what to do, what to think, don't run, don't walk. We're in their homes and in their heads and we haven't the right. We're meddlesome. ~River Tam
Sedao
Sedao
My work doesn't have a retirement plan, but I get more than enough compensation to sock enough away in my own retirement accounts. But I do wish there was matching contributions.
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