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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 ...
vermilion set messiness
  09/18/17
uh because it's a perk and perks help influence people's dec...
Talented obsidian stag film giraffe
  09/18/17
how about just increase the salary and not resources stuff o...
vermilion set messiness
  09/18/17
(Biglawyer)
Curious amber french chef
  09/18/17
nope. more like salesman.
vermilion set messiness
  09/18/17
(guy who doesn't understand taxes)
bistre irradiated hall sandwich
  09/19/17
...
bateful sienna site
  09/19/17
...
arousing stubborn regret
  09/19/17
...
shimmering roast beef locus
  09/18/17
free money is not a $cam bro. at least contribute up to the...
Mustard station psychic
  09/18/17
i don't know man...
vermilion set messiness
  09/18/17
you always go AT LEAST to the match. it's free money that y...
Heady Blue Brunch Pocket Flask
  09/19/17
CR
Out-of-control idea he suggested school
  09/19/17
JFC you are way too dumb to post here.
dashing scarlet principal's office tattoo
  09/18/17
*invests in 401k* *loses more than half of it during a re...
vermilion set messiness
  09/18/17
Doesnt invest in 401k for whole life. Misses out on 7% av...
rusted cerebral kitchen idiot
  09/18/17
do you mean you dont vest so they match 100% automatically u...
Aggressive cruise ship organic girlfriend
  09/18/17
How much do they match for you bozos
smoky hilarious theater stage friendly grandma
  09/18/17
why do you hate me?
Aggressive cruise ship organic girlfriend
  09/18/17
i don't know. i didn't ask HR cause i just wasn't interested...
vermilion set messiness
  09/18/17
Because it's free money for them - part of what otherwise wo...
Aqua mentally impaired foreskin wrinkle
  09/18/17
...
Adulterous canary cumskin property
  09/18/17
hmm...
vermilion set messiness
  09/18/17
Employer contributions are a tax write off.
arousing stubborn regret
  09/18/17
Isn't salary a write off?
translucent sickened mad-dog skullcap base
  09/18/17
Generally, but there are some exceptions. E.g., IRC § 1...
emerald range filthpig
  09/18/17
Price discrimination. They tell all potential employees that...
wild buff institution community account
  09/19/17
Is there any tax benefit that employer match has over a sala...
walnut unhinged trailer park lettuce
  09/19/17
hehe
Chest-beating burgundy yarmulke
  09/19/17
rare cr from you ted. its a scam
Chest-beating burgundy yarmulke
  09/19/17
Ty
vermilion set messiness
  09/19/17
Tax favored contributions to executives are limited to a mul...
pearly heaven athletic conference
  09/19/17
...
thirsty ceo pit
  09/19/17
gotta incentivize somehow.
Heady Blue Brunch Pocket Flask
  09/19/17
Avoid failing the IRS' nondiscrimination test?
Green Business Firm
  09/19/17
...
Heady Blue Brunch Pocket Flask
  09/19/17
bros, just checked and 401k is at 14.9% ytd lol wtf... s&...
Aggressive cruise ship organic girlfriend
  09/19/17
Euro/international stock funds are doing super well
Out-of-control idea he suggested school
  09/19/17
music will end any day now...
Aggressive cruise ship organic girlfriend
  09/19/17
bc matching was conceived of as a (poor) substitute for pens...
excitant maize doctorate legal warrant
  09/19/17


Poast new message in this thread



Reply Favorite

Date: September 18th, 2017 8:53 PM
Author: vermilion set messiness

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: Talented obsidian stag film giraffe

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: vermilion set messiness

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: Curious amber french chef

(Biglawyer)

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



Reply Favorite

Date: September 18th, 2017 9:00 PM
Author: vermilion set messiness

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: bistre irradiated hall sandwich

(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: bateful sienna site



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



Reply Favorite

Date: September 19th, 2017 6:56 PM
Author: arousing stubborn regret



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



Reply Favorite

Date: September 18th, 2017 9:35 PM
Author: shimmering roast beef locus



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



Reply Favorite

Date: September 18th, 2017 8:53 PM
Author: Mustard station psychic

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: vermilion set messiness

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: Heady Blue Brunch Pocket Flask

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: Out-of-control idea he suggested school

CR

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



Reply Favorite

Date: September 18th, 2017 8:54 PM
Author: dashing scarlet principal's office tattoo

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: vermilion set messiness

*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: rusted cerebral kitchen idiot

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: Aggressive cruise ship organic girlfriend

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: smoky hilarious theater stage friendly grandma

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: Aggressive cruise ship organic girlfriend

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: vermilion set messiness

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: Aqua mentally impaired foreskin wrinkle

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: Adulterous canary cumskin property



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



Reply Favorite

Date: September 18th, 2017 9:35 PM
Author: vermilion set messiness

hmm...

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



Reply Favorite

Date: September 18th, 2017 9:13 PM
Author: arousing stubborn regret

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: translucent sickened mad-dog skullcap base

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: emerald range filthpig

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: wild buff institution community account

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: walnut unhinged trailer park lettuce

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: Chest-beating burgundy yarmulke

hehe

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



Reply Favorite

Date: September 19th, 2017 2:13 PM
Author: Chest-beating burgundy yarmulke

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: vermilion set messiness

Ty

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



Reply Favorite

Date: September 19th, 2017 2:36 PM
Author: pearly heaven athletic conference

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: thirsty ceo pit



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



Reply Favorite

Date: September 19th, 2017 2:55 PM
Author: Heady Blue Brunch Pocket Flask

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: Green Business Firm

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: Heady Blue Brunch Pocket Flask



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



Reply Favorite

Date: September 19th, 2017 6:44 PM
Author: Aggressive cruise ship organic girlfriend

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: Out-of-control idea he suggested school

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: Aggressive cruise ship organic girlfriend

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: excitant maize doctorate legal warrant

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)