A Reddit user was surprised to discover that his wife's employer offers an unusual 25% match on her 401(k) contributions with no limits. This high match is rare, as most companies typically offer lower matching percentages. However, 401(k) plans are closely regulated, ensuring that promised matches are fulfilled. The Reddit poster questions whether this deal is too good to be true, but it's essential to examine the vesting schedule before maximizing contributions, as that may affect the overall benefit of the match.
401(k) plans are well-regulated, so if an employer promises a match, it must provide it.
While most companies that offer a 401(k) do provide some matching funds, it is rare to see a 25% match.
Collection
[
|
...
]