Originally Posted by
bmxandjets
the company, as long as you are contributing 10%, will put 9.3% of what you make into your 401k, up to like $25k.. a company can put more into your 401k than you can. then, profit sharing is on top of that, but only like $49k (total, 16.5+25k+profit sharing) can go in a 401k, then it spills over into a different type of account. i'm not in a position to worry about that yet..
Good info. So, LUV pilots have to put up 10% of their own coin just to make the company put in 9.3%, whereas DAL puts in 13% whether we contribute or not.
Hey, DAL88, don't forget to factor that into your equation.
