Quote:
|
Originally Posted by jspchief
Are you sure you understand that correctly? Usually it's something like matching your contributuions up to 5%.
Other than that, I'm not sure I understand your question. Are you asking if they should match your gross or your net? Obviously gross will be a bigger number, so x% will be more.
|
Actually I think he means whether his money is taxed before his contribution or not. If it is not then he derives deferred tax benefits but would have to pay severe penalties along with the taxes if he withdrew it before he retired. At least that is the standard options. I agree that they are only likely to match 5% of total pre or post tax.
08-13-2006, 07:27 PM
Threaded Mode