Originally Posted by
iPilot
. Its inexcusable to say you can't afford to contribute especially when the company is offering essentially free money as a contribution. Doesn't matter if its 1, 5, or 16% you're basically telling the company "no thanks" to a ton of tax free money.
What? It doesn’t matter what they match? The current, pathetic match yields about $5k in company money if you max your contribution. Hardly a ‘ton’ of money, and definitely not tax free.