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Old 10-08-2009, 10:15 AM
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Ray Ray is offline
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My company matches up to 10% on the 401K after year 10.
Year 1 to 5 is only 2.5%. Year 5 to 10 is 5%.
We can also put up to 15%, before taxes, in another account, not matched by the co.
We can also set aside up to $9500 per year, in monthly deductions from our check and buy company stock at a 15% discount on the first trading day of the following year. When mine us purchased, I sell right away and get my 15%, then invest in a Mutual Fund and hope for the best.
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