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Defined Contribution Plan at 12%

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Old 07-25-2019, 12:51 PM
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Default Defined Contribution Plan at 12%

Is this a mandatory retirement contribution that is automatically deducted from your paycheck, or an amount the company pays into a fund for you?
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Old 07-25-2019, 12:52 PM
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Originally Posted by SeriousShirley View Post
Is this a mandatory retirement contribution that is automatically deducted from your paycheck, or an amount the company pays into a fund for you?
an amount the company pays into a fund for you
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Old 07-25-2019, 01:57 PM
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Originally Posted by SeriousShirley View Post
Is this a mandatory retirement contribution that is automatically deducted from your paycheck, or an amount the company pays into a fund for you?
The company puts that in, but you can also do your own Roth or pre-tax that goes into the same account.
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