I'm I reading this right. Whatever I put in for the year. There gonna cut it in half and then...... 4% of that half😐😐😐
4 replies (most recent on top)
50% of what you contribute Up to 4% off what you make in a year. If you make $50k in a year to max your match you’d want to contribute at least $4000 and wf would contribute $2000. 4% of 50k is $2000.
Easier to think of it that way. It’s pretty much standard for a lot of companies.
I think it doesn’t go into effect until next year and the Match then shows up in 2025
I was wondering why they were saying to put in 8% to get the 4%. But better than previously.
Yes, 50 cents to the dollar match up to 4% is 2%. Better than the $140 they use to give but still lower than industry standards!