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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 ...
Alcoholic Maize Station
  09/18/17
uh because it's a perk and perks help influence people's dec...
vigorous pontificating parlour
  09/18/17
how about just increase the salary and not resources stuff o...
Alcoholic Maize Station
  09/18/17
(Biglawyer)
irradiated apoplectic sanctuary jewess
  09/18/17
nope. more like salesman.
Alcoholic Maize Station
  09/18/17
(guy who doesn't understand taxes)
Swollen Chest-beating Whorehouse Filthpig
  09/19/17
...
Transparent stage
  09/19/17
...
Aromatic olive church building giraffe
  09/19/17
...
vengeful newt
  09/18/17
free money is not a $cam bro. at least contribute up to the...
adventurous zippy striped hyena philosopher-king
  09/18/17
i don't know man...
Alcoholic Maize Station
  09/18/17
you always go AT LEAST to the match. it's free money that y...
chartreuse arrogant nowag
  09/19/17
CR
yellow stirring dysfunction associate
  09/19/17
JFC you are way too dumb to post here.
copper trip wrinkle
  09/18/17
*invests in 401k* *loses more than half of it during a re...
Alcoholic Maize Station
  09/18/17
Doesnt invest in 401k for whole life. Misses out on 7% av...
Thriller fishy main people locus
  09/18/17
do you mean you dont vest so they match 100% automatically u...
impertinent laser beams
  09/18/17
How much do they match for you bozos
sepia bateful forum
  09/18/17
why do you hate me?
impertinent laser beams
  09/18/17
i don't know. i didn't ask HR cause i just wasn't interested...
Alcoholic Maize Station
  09/18/17
Because it's free money for them - part of what otherwise wo...
Cracking aggressive legal warrant
  09/18/17
...
Crimson Bawdyhouse Mental Disorder
  09/18/17
hmm...
Alcoholic Maize Station
  09/18/17
Employer contributions are a tax write off.
Aromatic olive church building giraffe
  09/18/17
Isn't salary a write off?
lemon toaster
  09/18/17
Generally, but there are some exceptions. E.g., IRC § 1...
Marvelous fluffy karate garrison
  09/18/17
Price discrimination. They tell all potential employees that...
Talking charismatic athletic conference party of the first part
  09/19/17
Is there any tax benefit that employer match has over a sala...
opaque vivacious blood rage point
  09/19/17
hehe
Maroon Bearded Rigpig
  09/19/17
rare cr from you ted. its a scam
Maroon Bearded Rigpig
  09/19/17
Ty
Alcoholic Maize Station
  09/19/17
Tax favored contributions to executives are limited to a mul...
contagious church macaca
  09/19/17
...
fantasy-prone exhilarant kitchen
  09/19/17
gotta incentivize somehow.
chartreuse arrogant nowag
  09/19/17
Avoid failing the IRS' nondiscrimination test?
Avocado Public Bath
  09/19/17
...
chartreuse arrogant nowag
  09/19/17
bros, just checked and 401k is at 14.9% ytd lol wtf... s&...
impertinent laser beams
  09/19/17
Euro/international stock funds are doing super well
yellow stirring dysfunction associate
  09/19/17
music will end any day now...
impertinent laser beams
  09/19/17
bc matching was conceived of as a (poor) substitute for pens...
Cocky know-it-all hell boistinker
  09/19/17


Poast new message in this thread



Reply Favorite

Date: September 18th, 2017 8:53 PM
Author: Alcoholic Maize Station

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: vigorous pontificating parlour

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: Alcoholic Maize Station

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: irradiated apoplectic sanctuary jewess

(Biglawyer)

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



Reply Favorite

Date: September 18th, 2017 9:00 PM
Author: Alcoholic Maize Station

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: Swollen Chest-beating Whorehouse Filthpig

(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: Transparent stage



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



Reply Favorite

Date: September 19th, 2017 6:56 PM
Author: Aromatic olive church building giraffe



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



Reply Favorite

Date: September 18th, 2017 9:35 PM
Author: vengeful newt



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



Reply Favorite

Date: September 18th, 2017 8:53 PM
Author: adventurous zippy striped hyena philosopher-king

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: Alcoholic Maize Station

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: chartreuse arrogant nowag

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: yellow stirring dysfunction associate

CR

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



Reply Favorite

Date: September 18th, 2017 8:54 PM
Author: copper trip wrinkle

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: Alcoholic Maize Station

*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: Thriller fishy main people locus

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: impertinent laser beams

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: sepia bateful forum

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: impertinent laser beams

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: Alcoholic Maize Station

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: Cracking aggressive legal warrant

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: Crimson Bawdyhouse Mental Disorder



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



Reply Favorite

Date: September 18th, 2017 9:35 PM
Author: Alcoholic Maize Station

hmm...

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



Reply Favorite

Date: September 18th, 2017 9:13 PM
Author: Aromatic olive church building giraffe

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: lemon toaster

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: Marvelous fluffy karate garrison

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: Talking charismatic athletic conference party of the first part

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: opaque vivacious blood rage point

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: Maroon Bearded Rigpig

hehe

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



Reply Favorite

Date: September 19th, 2017 2:13 PM
Author: Maroon Bearded Rigpig

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: Alcoholic Maize Station

Ty

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



Reply Favorite

Date: September 19th, 2017 2:36 PM
Author: contagious church macaca

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: fantasy-prone exhilarant kitchen



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



Reply Favorite

Date: September 19th, 2017 2:55 PM
Author: chartreuse arrogant nowag

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: Avocado Public Bath

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: chartreuse arrogant nowag



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



Reply Favorite

Date: September 19th, 2017 6:44 PM
Author: impertinent laser beams

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: yellow stirring dysfunction associate

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: impertinent laser beams

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: Cocky know-it-all hell boistinker

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)