Originally Posted by
hilltopflyer
No the company match was 13% before so it only went up 2%
kinda sorta.
I think you are both saying the same thing, but just differently.
Right now we get 15% deposited directly, regardless of what we contribute. Do nothing get 15%.
For those of us who still heavily contribute, It can be a good deal as well. my example is as follows:
15% for being a pilot here.
plus
10% 401k contribution which I was doing to begin with.
I'm saving 25% of my annual income (in theory).
under the old plan, I was saving 10% with a 5% match, with 3% retirement plus. For me, I went from 18% to 25% with no additional money put it.
YMMV