Quote:
Originally Posted by MTG#10
Bumping this old thread instead of making a new one.
My previous employer of the last 15 years didnt match our 401k so excuse my ignorance on this.
My new employer that Ive been with for a year and a half or so supposedly matches our 401k contribution up to 3%, so I decided to have 3% deducted from each check. Today I received my first check since enrolling and noticed my employer matched exactly half of what I had taken out (1.5%). Do I have to have 6% taken out to get the full 3% my employer is supposed to match or did I get screwed?
Asking here first because I'd rather look like a moron here than to the head of HR.  |
If you put 3% in they should also put 3% in. Some companies do this at end of fiscal year. Ask HR for clarification.