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@shalane85 wrote:
401k: $226 I am funding this myself since my employer does not offer matching
I though that every employer is obligated to pay 3% of the salary to 401K. Matching personal contributions is something like an extra bonus. Am I wrong?
800ficogirl, looks like you are self-employed, right?
You are really active in achieving financial stability, good job!
@shalane85 wrote:
I do work for a growing Healthcare firm, but they are not currently offering matching into our employer sponsored 401k.
Is your employer sponsored 401k 100% vested?
@Anonymous wrote:I though that every employer is obligated to pay 3% of the salary to 401K. Matching personal contributions is something like an extra bonus. Am I wrong?
That's be nice.... but unfortunately, you are in fact wrong.
Perhaps you are thinking of many auto-enroll 401k plans that start employees at a 3% contribution rate, and match that 3%?