Financial Amazon hits $1 trillion market value milestone |
| Amazon hits $1 trillion market value milestone Posted: 04 Sep 2018 08:59 AM PDT
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| Posted: 04 Sep 2018 08:14 AM PDT So I got my 401k package after being on the job for a year. I'm only going to pay what they're matching, as I'm reading the package theres a couple other things I dont know if its worth it or not or what it means. So I'll type it here "We'll mach 3% of compensation and make 50 cent matching contribution on each dollar of employee deferral and after-tax contributions between 3% & 5%. An employee who defers and contributes 5% of compensation to the plan will receive a matching contribution in an amount equal to 4% of compensation." Is it worth it to do this 50 cent thing too? What is it referring to when it comes to 3 & 5%? Also, is this on a monthly basis? How will i know they're stopping to pay the 3% match or whatever? [link] [comments]  |
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