Originally Posted by
kevin18
company shouldn’t be capped on 401k contributions. If pay x 18% fills out the 401k then it should do that without employee contribution. Unless I’m looking at this wrong it requires the employee to contribute. That seems like a concession to me.
You're looking at it correct. This will permanently change our contract so that everyone will have to put in personal max in order to maximize your yearly PRAP and everything after $275kish will go into the CBP with only 30% equity exposure until you're 59.5.