auto enrollment allowed by guvmint and common these days
Posted on: May 28, 2021 at 14:37:01 CT
TigerFan92 STL
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as are the plus 1 percent per year feature as they are trying to get people to save more
Ours gives 6% (3 for 6 +3 base retirement) plus profit sharing which so far all-in-avg is about another 6% over the last 5 years so I am sticking with it though I don't max out anymore but put more in regular investment accounts
I did switch mine to 100% Roth 401K as the stealers aren't going to quit, it will get worse and I may not be able to afford to take much out of the traditional per year due to tax theft.
BTW the employer contribution is all traditional, none goes into the roth portion
Edited by TigerFan92 at 14:38:09 on 05/28/21