Im currently about to enroll in my 401K and the first question is this
Your employer offers a non-elective contribution!
Your employer will match 100% on the first 1% of your salary contributed.
The matching contribution will not exceed 1% of your salary.
So the options are 8% Pre-tax, 10% Pre-tax, 12% Pre-tax, OTHER Pre-tax (Custom amount), or I dont want to contribute.
What's the best option to select?
Your employer offers a non-elective contribution!
Your employer will match 100% on the first 1% of your salary contributed.
The matching contribution will not exceed 1% of your salary.
So the options are 8% Pre-tax, 10% Pre-tax, 12% Pre-tax, OTHER Pre-tax (Custom amount), or I dont want to contribute.
What's the best option to select?