Originally Posted by
Marko
Currently company matches 52% of employee contribution (up to 20% per check) until IRS max is reached. If you contribute more that 20% per check, the rest of the match is deposited in January of the following year.
Ok for those of us who need simple math ,if I contribute 20% of my gross pay to the 401k the company's contribution is effectively 10% of my gross pay .which I only get after staying 6 years .If i separate prior to 6 years I receive a percent of their contribution.
Correct?