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why do employers match 100 percent of an employees 401k?

what's in it for them? My company matches 100 percent of my ...
awkward wonderful dingle berry
  09/18/17
uh because it's a perk and perks help influence people's dec...
multi-colored bat-shit-crazy spot quadroon
  09/18/17
how about just increase the salary and not resources stuff o...
awkward wonderful dingle berry
  09/18/17
(Biglawyer)
Shimmering pisswyrm tank
  09/18/17
nope. more like salesman.
awkward wonderful dingle berry
  09/18/17
(guy who doesn't understand taxes)
bossy hell
  09/19/17
...
Rebellious Community Account Senate
  09/19/17
...
Disgusting Ebony Dragon
  09/19/17
...
magenta swashbuckling space
  09/18/17
free money is not a $cam bro. at least contribute up to the...
idiotic locale
  09/18/17
i don't know man...
awkward wonderful dingle berry
  09/18/17
you always go AT LEAST to the match. it's free money that y...
Cracking Wine Cruise Ship
  09/19/17
CR
Trip internal respiration
  09/19/17
JFC you are way too dumb to post here.
spectacular center
  09/18/17
*invests in 401k* *loses more than half of it during a re...
awkward wonderful dingle berry
  09/18/17
Doesnt invest in 401k for whole life. Misses out on 7% av...
umber 180 heaven
  09/18/17
do you mean you dont vest so they match 100% automatically u...
Iridescent misanthropic famous landscape painting plaza
  09/18/17
How much do they match for you bozos
Fuchsia Preventive Strike
  09/18/17
why do you hate me?
Iridescent misanthropic famous landscape painting plaza
  09/18/17
i don't know. i didn't ask HR cause i just wasn't interested...
awkward wonderful dingle berry
  09/18/17
Because it's free money for them - part of what otherwise wo...
vigorous circlehead
  09/18/17
...
pearly razzle house messiness
  09/18/17
hmm...
awkward wonderful dingle berry
  09/18/17
Employer contributions are a tax write off.
Disgusting Ebony Dragon
  09/18/17
Isn't salary a write off?
Mind-boggling territorial rehab
  09/18/17
Generally, but there are some exceptions. E.g., IRC § 1...
emerald chad
  09/18/17
Price discrimination. They tell all potential employees that...
Beady-eyed sex offender casino
  09/19/17
Is there any tax benefit that employer match has over a sala...
Arousing Water Buffalo Chapel
  09/19/17
hehe
know-it-all state old irish cottage
  09/19/17
rare cr from you ted. its a scam
know-it-all state old irish cottage
  09/19/17
Ty
awkward wonderful dingle berry
  09/19/17
Tax favored contributions to executives are limited to a mul...
Mauve hairy legs
  09/19/17
...
Peach cuckoldry indirect expression
  09/19/17
gotta incentivize somehow.
Cracking Wine Cruise Ship
  09/19/17
Avoid failing the IRS' nondiscrimination test?
Rose karate property
  09/19/17
...
Cracking Wine Cruise Ship
  09/19/17
bros, just checked and 401k is at 14.9% ytd lol wtf... s&...
Iridescent misanthropic famous landscape painting plaza
  09/19/17
Euro/international stock funds are doing super well
Trip internal respiration
  09/19/17
music will end any day now...
Iridescent misanthropic famous landscape painting plaza
  09/19/17
bc matching was conceived of as a (poor) substitute for pens...
Well-lubricated slippery mexican ticket booth
  09/19/17


Poast new message in this thread



Reply Favorite

Date: September 18th, 2017 8:53 PM
Author: awkward wonderful dingle berry

what's in it for them? My company matches 100 percent of my 401k and it got me wondering: do they get any tax breaks? why would they want to waste money from their own pocket for my 401k?

it makes do damn sense... anyways i wont want to do the 401k thingy. i think it's a boomer scam. and i also need the money.

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239248)



Reply Favorite

Date: September 18th, 2017 8:53 PM
Author: multi-colored bat-shit-crazy spot quadroon

uh because it's a perk and perks help influence people's decision to work there or not?

if everyone else in the market is doing it, you have to too

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239255)



Reply Favorite

Date: September 18th, 2017 8:55 PM
Author: awkward wonderful dingle berry

how about just increase the salary and not resources stuff on 401k scams? millenials dont buy into this whole 401k crap.

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239275)



Reply Favorite

Date: September 18th, 2017 8:59 PM
Author: Shimmering pisswyrm tank

(Biglawyer)

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239300)



Reply Favorite

Date: September 18th, 2017 9:00 PM
Author: awkward wonderful dingle berry

nope. more like salesman.

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239311)



Reply Favorite

Date: September 19th, 2017 2:46 PM
Author: bossy hell

(guy who doesn't understand taxes)

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34244039)



Reply Favorite

Date: September 19th, 2017 6:53 PM
Author: Rebellious Community Account Senate



(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34246152)



Reply Favorite

Date: September 19th, 2017 6:56 PM
Author: Disgusting Ebony Dragon



(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34246186)



Reply Favorite

Date: September 18th, 2017 9:35 PM
Author: magenta swashbuckling space



(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239624)



Reply Favorite

Date: September 18th, 2017 8:53 PM
Author: idiotic locale

free money is not a $cam bro. at least contribute up to the match jfc.

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239256)



Reply Favorite

Date: September 18th, 2017 8:56 PM
Author: awkward wonderful dingle berry

i don't know man...

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239284)



Reply Favorite

Date: September 19th, 2017 2:49 PM
Author: Cracking Wine Cruise Ship

you always go AT LEAST to the match. it's free money that you would likely have to save anyways. iirc, it lowers you AGI as well.

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34244061)



Reply Favorite

Date: September 19th, 2017 7:34 PM
Author: Trip internal respiration

CR

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34246429)



Reply Favorite

Date: September 18th, 2017 8:54 PM
Author: spectacular center

JFC you are way too dumb to post here.



(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239258)



Reply Favorite

Date: September 18th, 2017 8:57 PM
Author: awkward wonderful dingle berry

*invests in 401k*

*loses more than half of it during a recession*

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239290)



Reply Favorite

Date: September 18th, 2017 9:09 PM
Author: umber 180 heaven

Doesnt invest in 401k for whole life.

Misses out on 7% average post-tax returns.

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239393)



Reply Favorite

Date: September 18th, 2017 8:55 PM
Author: Iridescent misanthropic famous landscape painting plaza

do you mean you dont vest so they match 100% automatically up to x%? if that's what you meant, it's for safe harbor testing so they don't get sued. gc never not gc'ing.

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239273)



Reply Favorite

Date: September 18th, 2017 8:57 PM
Author: Fuchsia Preventive Strike

How much do they match for you bozos

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239288)



Reply Favorite

Date: September 18th, 2017 8:58 PM
Author: Iridescent misanthropic famous landscape painting plaza

why do you hate me?

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239292)



Reply Favorite

Date: September 18th, 2017 8:58 PM
Author: awkward wonderful dingle berry

i don't know. i didn't ask HR cause i just wasn't interested in it. but a lot of older folks were.

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239294)



Reply Favorite

Date: September 18th, 2017 9:11 PM
Author: vigorous circlehead

Because it's free money for them - part of what otherwise would be your salary - when you don't.



(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239406)



Reply Favorite

Date: September 18th, 2017 9:15 PM
Author: pearly razzle house messiness



(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239439)



Reply Favorite

Date: September 18th, 2017 9:35 PM
Author: awkward wonderful dingle berry

hmm...

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239621)



Reply Favorite

Date: September 18th, 2017 9:13 PM
Author: Disgusting Ebony Dragon

Employer contributions are a tax write off.

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239422)



Reply Favorite

Date: September 18th, 2017 9:36 PM
Author: Mind-boggling territorial rehab

Isn't salary a write off?

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239629)



Reply Favorite

Date: September 18th, 2017 9:42 PM
Author: emerald chad

Generally, but there are some exceptions. E.g., IRC § 162(m).

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34239665)



Reply Favorite

Date: September 19th, 2017 2:03 PM
Author: Beady-eyed sex offender casino

Price discrimination. They tell all potential employees that the perk is there but not all will use it.

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34243616)



Reply Favorite

Date: September 19th, 2017 2:12 PM
Author: Arousing Water Buffalo Chapel

Is there any tax benefit that employer match has over a salary increase?

I get that not all employees will use the match. But I also think tons of employees will not correctly view the match as income. Maybe the match functions as a raise only for those employees who read the fine print and care.

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34243702)



Reply Favorite

Date: September 19th, 2017 2:13 PM
Author: know-it-all state old irish cottage

hehe

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34243703)



Reply Favorite

Date: September 19th, 2017 2:13 PM
Author: know-it-all state old irish cottage

rare cr from you ted. its a scam

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34243707)



Reply Favorite

Date: September 19th, 2017 4:23 PM
Author: awkward wonderful dingle berry

Ty

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34244922)



Reply Favorite

Date: September 19th, 2017 2:36 PM
Author: Mauve hairy legs

Tax favored contributions to executives are limited to a multiple of the average employee.

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34243956)



Reply Favorite

Date: September 19th, 2017 2:38 PM
Author: Peach cuckoldry indirect expression



(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34243972)



Reply Favorite

Date: September 19th, 2017 2:55 PM
Author: Cracking Wine Cruise Ship

gotta incentivize somehow.

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34244108)



Reply Favorite

Date: September 19th, 2017 2:39 PM
Author: Rose karate property

Avoid failing the IRS' nondiscrimination test?

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34243978)



Reply Favorite

Date: September 19th, 2017 2:55 PM
Author: Cracking Wine Cruise Ship



(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34244110)



Reply Favorite

Date: September 19th, 2017 6:44 PM
Author: Iridescent misanthropic famous landscape painting plaza

bros, just checked and 401k is at 14.9% ytd lol wtf...

s&p is at 13.5%?! where's all this expansion coming from

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34246056)



Reply Favorite

Date: September 19th, 2017 7:37 PM
Author: Trip internal respiration

Euro/international stock funds are doing super well

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34246445)



Reply Favorite

Date: September 19th, 2017 7:50 PM
Author: Iridescent misanthropic famous landscape painting plaza

music will end any day now...

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34246515)



Reply Favorite

Date: September 19th, 2017 10:46 PM
Author: Well-lubricated slippery mexican ticket booth

bc matching was conceived of as a (poor) substitute for pensions. it wasn't that long ago your employer was supposed to fully fund your retirement w a defined benefit.

(http://www.autoadmit.com/thread.php?thread_id=3735928&forum_id=2#34247611)