Re: 401K good/bad?
- From: Cliff <Clhuprich@xxxxxxx>
- Date: Fri, 18 Aug 2006 08:22:14 -0400
On Fri, 18 Aug 2006 00:33:31 -0700, Protagonist <szaki10@xxxxxxxxxxx> wrote:
My new employer offers 401K now, they match 50% of the first 5%
contribution.
5% of $ 40,000 is US$ 2,000 that you did not pay income taxes on today.
A 50% match is another US$ 1,000 ....
--
Cliff
.
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