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Response to whatthehey (Reply #26)

Tue Feb 23, 2016, 12:00 PM

34. Where I used to work the match was up to 6% paid every payday. Nice because it compounded

When I retired, the match was 1.5% on all above $250 per payday, but only paid if you were still employed with the company next April 15th. On the April 15th of the following year they deposited the previous years match. If you were fired or laid off you did not get anything. Naturally you did not see any growth of the matching because the company kept the money in a bond in their name.

Fun and games.

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LineLineReply Where I used to work the match was up to 6% paid every payday. Nice because it compounded
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