BMW 2-series Gran Coupe | F44 - View Single Post - So if you had $50K to invest, where would you put it?

mbanks21 · 12-09-2020, 10:07 AM

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Originally Posted by premier3is

Quote:

Originally Posted by mbanks21

I deleted my pics fyi, here's the glassdoor link proving it's 85% of contributions. I've also worked here for a decade so I'm aware of the rules.

https://www.glassdoor.com/Benefits/F...E240744_N1.htm

Quote:

Originally Posted by Joekerr

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Originally Posted by mbanks21

I'll send you my Venmo info for my $5. Hang tight...

Quote:

Originally Posted by mbanks21

This app sucks for adding pics btw

Don't get ahead of yourself - that said 85% of ELIGIBLE compensation. Not 85% of your salary.

Your eligible compensation could be 2% or 3% or something low like that. How about you prove that component too!

Quote:

Originally Posted by mbanks21

I deleted my pics fyi, here's the glassdoor link proving it's 85% of contributions. I've also worked here for a decade so I'm aware of the rules.

https://www.glassdoor.com/Benefits/F...E240744_N1.htm

I looked it up since I was curious, and there is a 401k plan handbook from your job posted on google from the early 2000s which says " your employer gives a matching contribution equal to 50% of your elected deferral". I'm assuming after all these years it's 85% now but that's still not dollar for dollar.

https://www.franklintempleton.com/sh...EZ_STD_SPD.pdf

Yes 20 years ago it was 50% match of your contribution, it's now 85%. You are more than welcome to call HR and confirm. I figured no one would believe me.