Quote:
Originally Posted by Sassy Squatch
Yeah, they pretty much had to bump up the contribution to 10% in lieu of giving us pensions to match the legacy employees.
|
Niiiiice.
Probably still cheaper for them but that’s a damn fine return.
Mine is a safe harbor qualified plan which means I have to offer better programs to make sure I’m not abusing my employees so I can contribute to it.
My match is 100% of the first 3% 50% of the next 2 so the employee has to contribute 5 to get 4.
Yours kicks the shit out of mine.