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Old 04-01-2016 | 08:48 AM
  #5087  
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The Juice
ULTP-Ultra Low Tier Pilot
 
Joined: Dec 2007
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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.