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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 ...
painfully honest 180 filthpig
  09/18/17
uh because it's a perk and perks help influence people's dec...
drunken lodge
  09/18/17
how about just increase the salary and not resources stuff o...
painfully honest 180 filthpig
  09/18/17
(Biglawyer)
Diverse Theater Stage Pozpig
  09/18/17
nope. more like salesman.
painfully honest 180 filthpig
  09/18/17
(guy who doesn't understand taxes)
Saffron electric casino
  09/19/17
...
Vigorous grizzly gay wizard
  09/19/17
...
Avocado razzle lay
  09/19/17
...
Zombie-like Selfie
  09/18/17
free money is not a $cam bro. at least contribute up to the...
Fishy gunner
  09/18/17
i don't know man...
painfully honest 180 filthpig
  09/18/17
you always go AT LEAST to the match. it's free money that y...
Fragrant Copper Station Wagecucks
  09/19/17
CR
Coral shrine striped hyena
  09/19/17
JFC you are way too dumb to post here.
Sooty yarmulke
  09/18/17
*invests in 401k* *loses more than half of it during a re...
painfully honest 180 filthpig
  09/18/17
Doesnt invest in 401k for whole life. Misses out on 7% av...
odious pontificating twinkling uncleanness candlestick maker
  09/18/17
do you mean you dont vest so they match 100% automatically u...
Dull Wild Regret Dopamine
  09/18/17
How much do they match for you bozos
Chestnut Contagious Principal's Office
  09/18/17
why do you hate me?
Dull Wild Regret Dopamine
  09/18/17
i don't know. i didn't ask HR cause i just wasn't interested...
painfully honest 180 filthpig
  09/18/17
Because it's free money for them - part of what otherwise wo...
magenta hairraiser home
  09/18/17
...
bistre messiness
  09/18/17
hmm...
painfully honest 180 filthpig
  09/18/17
Employer contributions are a tax write off.
Avocado razzle lay
  09/18/17
Isn't salary a write off?
Alcoholic Fluffy Indirect Expression House
  09/18/17
Generally, but there are some exceptions. E.g., IRC § 1...
Olive gas station
  09/18/17
Price discrimination. They tell all potential employees that...
brindle fear-inspiring point
  09/19/17
Is there any tax benefit that employer match has over a sala...
burgundy spot rigpig
  09/19/17
hehe
trip step-uncle's house haunted graveyard
  09/19/17
rare cr from you ted. its a scam
trip step-uncle's house haunted graveyard
  09/19/17
Ty
painfully honest 180 filthpig
  09/19/17
Tax favored contributions to executives are limited to a mul...
razzmatazz locale
  09/19/17
...
Mauve Mental Disorder
  09/19/17
gotta incentivize somehow.
Fragrant Copper Station Wagecucks
  09/19/17
Avoid failing the IRS' nondiscrimination test?
Heady Hyperactive Whorehouse Nowag
  09/19/17
...
Fragrant Copper Station Wagecucks
  09/19/17
bros, just checked and 401k is at 14.9% ytd lol wtf... s&...
Dull Wild Regret Dopamine
  09/19/17
Euro/international stock funds are doing super well
Coral shrine striped hyena
  09/19/17
music will end any day now...
Dull Wild Regret Dopamine
  09/19/17
bc matching was conceived of as a (poor) substitute for pens...
bull headed flickering trailer park
  09/19/17


Poast new message in this thread



Reply Favorite

Date: September 18th, 2017 8:53 PM
Author: painfully honest 180 filthpig

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: drunken lodge

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: painfully honest 180 filthpig

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: Diverse Theater Stage Pozpig

(Biglawyer)

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



Reply Favorite

Date: September 18th, 2017 9:00 PM
Author: painfully honest 180 filthpig

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: Saffron electric casino

(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: Vigorous grizzly gay wizard



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



Reply Favorite

Date: September 19th, 2017 6:56 PM
Author: Avocado razzle lay



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



Reply Favorite

Date: September 18th, 2017 9:35 PM
Author: Zombie-like Selfie



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



Reply Favorite

Date: September 18th, 2017 8:53 PM
Author: Fishy gunner

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: painfully honest 180 filthpig

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: Fragrant Copper Station Wagecucks

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: Coral shrine striped hyena

CR

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



Reply Favorite

Date: September 18th, 2017 8:54 PM
Author: Sooty yarmulke

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: painfully honest 180 filthpig

*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: odious pontificating twinkling uncleanness candlestick maker

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: Dull Wild Regret Dopamine

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: Chestnut Contagious Principal's Office

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: Dull Wild Regret Dopamine

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: painfully honest 180 filthpig

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: magenta hairraiser home

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: bistre messiness



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



Reply Favorite

Date: September 18th, 2017 9:35 PM
Author: painfully honest 180 filthpig

hmm...

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



Reply Favorite

Date: September 18th, 2017 9:13 PM
Author: Avocado razzle lay

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: Alcoholic Fluffy Indirect Expression House

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: Olive gas station

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: brindle fear-inspiring point

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: burgundy spot rigpig

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: trip step-uncle's house haunted graveyard

hehe

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



Reply Favorite

Date: September 19th, 2017 2:13 PM
Author: trip step-uncle's house haunted graveyard

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: painfully honest 180 filthpig

Ty

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



Reply Favorite

Date: September 19th, 2017 2:36 PM
Author: razzmatazz locale

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: Mauve Mental Disorder



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



Reply Favorite

Date: September 19th, 2017 2:55 PM
Author: Fragrant Copper Station Wagecucks

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: Heady Hyperactive Whorehouse Nowag

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: Fragrant Copper Station Wagecucks



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



Reply Favorite

Date: September 19th, 2017 6:44 PM
Author: Dull Wild Regret Dopamine

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: Coral shrine striped hyena

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: Dull Wild Regret Dopamine

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: bull headed flickering trailer park

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)