Originally Posted by
Qotsaautopilot
And he got zero company money into his retirement for that last $100,000 he earned whereas with a 16% DC he would have had another $16,000 contributed for free.
If the pay rates go where they should be it is imperative we lose the match and go pure DC. If it's a hybrid plan with match and DC the match needs to be 2-3% and the rest DC.
The match is keeping us from getting thousands a year in free money!!!
The annual compensation limit for the DC plan is $265,000, so making $300,000 does not mean there is additional lost money.