Current Events > I dont contribute to a 401k ama

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JBaLLEN66 11/12/18 6:01:12 PM #1:	Yes my company will match my amount after 7%, but I stopped contributing this summer. --- https://www.youtube.com/watch?v=IdR2Iktffaw The day Capitalism was humiliated :) <cite>JBaLLEN66 posted [p:912292978] in I dont con... [t:77196334]...</cite> <quote>Yes my company will match my amount after 7%, but I stopped contributing this summer.</quote> ... Copied to Clipboard!
Master_Bass 11/12/18 6:17:45 PM #2:	Why? I don't see why you wouldn't at least get the match. --- Many Bothans died to bring you this post. <cite>Master_Bass posted [p:912293888] in I dont con... [t:77196334]...</cite> <quote>Why? I don't see why you wouldn't at least get the match.</quote> ... Copied to Clipboard!
edededdy 11/12/18 6:20:04 PM #3:	typical holocaust denier unable to think. free money? no thanks. --- Voted best user on CE 2017 hahahahah lmfao <cite>edededdy posted [p:912294023] in I dont con... [t:77196334]...</cite> <quote>typical holocaust denier unable to think. free money? no thanks.</quote> ... Copied to Clipboard!
JBaLLEN66 11/12/18 8:04:12 PM #4:	Master_Bass posted... Why? I don't see why you wouldn't at least get the match. Because atm I dont see the point in putting money towards a goal Im not trying to achieve. --- https://www.youtube.com/watch?v=IdR2Iktffaw The day Capitalism was humiliated :) <cite>JBaLLEN66 posted [p:912300019] in I dont con... [t:77196334]...</cite> <quote><cite>Master_Bass posted...</cite> <quote>Why? I don't see why you wouldn't at least get the match.</quote> Because atm I dont see the point in putting money towards a goal Im not trying to achieve.</quote> ... Copied to Clipboard!
Master_Bass 11/12/18 8:07:18 PM #5:	JBaLLEN66 posted... Master_Bass posted... Why? I don't see why you wouldn't at least get the match. Because atm I dont see the point in putting money towards a goal Im not trying to achieve. You have no desire to retire? The more money you put in now, the longer it has to grow. --- Many Bothans died to bring you this post. <cite>Master_Bass posted [p:912300216] in I dont con... [t:77196334]...</cite> <quote><cite>JBaLLEN66 posted...</cite> <quote><cite>Master_Bass posted...</cite> <quote>Why? I don't see why you wouldn't at least get the match.</quote> Because atm I dont see the point in putting money towards a goal Im not trying to achieve.</quote> You have no desire to retire? The more money you put in now, the longer it has to grow.</quote> ... Copied to Clipboard!
EdgeMaster 11/12/18 8:11:21 PM #6:	JBaLLEN66 posted... Master_Bass posted... Why? I don't see why you wouldn't at least get the match. Because atm I dont see the point in putting money towards a goal Im not trying to achieve. Start sooner than later. Give it 20+ years starting late 20s-early 30s and youll actually have enough to retire at 65. Youre already paying SSI tax, the most successful Ponzi scheme ever, like it or not. --- If you don't have anything nice to say, say it on the internet. ****poster Extraordinaire <cite>EdgeMaster posted [p:912300463] in I dont con... [t:77196334]...</cite> <quote><cite>JBaLLEN66 posted...</cite> <quote><cite>Master_Bass posted...</cite> <quote>Why? I don't see why you wouldn't at least get the match.</quote> Because atm I dont see the point in putting money towards a goal Im not trying to achieve.</quote> Start sooner than later. Give it 20+ years starting late 20s-early 30s and youll actually have enough to retire at 65. Youre already paying SSI tax, the most successful Ponzi scheme ever, like it or not.</quote> ... Copied to Clipboard!
FFVII_REMAKE 11/12/18 8:14:34 PM #7:	Better to enjoy most of your money now than later. What's the point of having $1M in your bank account at 65 when you can gradually spend it while you're still young? <cite>FFVII_REMAKE posted [p:912300640] in I dont con... [t:77196334]...</cite> <quote>Better to enjoy most of your money now than later. What's the point of having $1M in your bank account at 65 when you can gradually spend it while you're still young?</quote> ... Copied to Clipboard!
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Muffinz0rz 11/13/18 10:23:07 AM #9:	bump --- Not removing this until Pat Benatar is in Super Smash Bros. (Started 8/31/2010) 2018 NFLB Autumnsim (4-6): https://imgur.com/haH0W8z <cite>Muffinz0rz posted [p:912328542] in I dont con... [t:77196334]...</cite> <quote>bump</quote> ... Copied to Clipboard!
Lost_All_Senses 11/13/18 10:29:03 AM #10:	Stability is for nerds --- Name checks out <cite>Lost_All_Senses posted [p:912328797] in I dont con... [t:77196334]...</cite> <quote>Stability is for nerds</quote> ... Copied to Clipboard!
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Giant_Aspirin 11/13/18 10:48:43 AM #12:	Master_Bass posted... JBaLLEN66 posted... Master_Bass posted... Why? I don't see why you wouldn't at least get the match. Because atm I dont see the point in putting money towards a goal Im not trying to achieve. You have no desire to retire? The more money you put in now, the longer it has to grow. seriously, you dont want to retire? like ..... what? do you want to work your entire life or do you just not see yourself living that long? JBaLLEN66 posted... Yes my company will match my amount after 7%, you ought to be putting away 12% so you effectively have a 5% raise --- Playing: Dead Cells; Celeste; Soul Calibur VI *(~);} - I suppose it will all make sense when we grow up - {;(~)* <cite>Giant_Aspirin posted [p:912329695] in I dont con... [t:77196334]...</cite> <quote><cite>Master_Bass posted...</cite> <quote><cite>JBaLLEN66 posted...</cite> <quote><cite>Master_Bass posted...</cite> <quote>Why? I don't see why you wouldn't at least get the match.</quote> Because atm I dont see the point in putting money towards a goal Im not trying to achieve.</quote> You have no desire to retire? The more money you put in now, the longer it has to grow.</quote> seriously, you dont want to retire? like ..... what? do you want to work your entire life or do you just not see yourself living that long? <cite>JBaLLEN66 posted...</cite> <quote>Yes my company will match my amount after 7%, </quote> you ought to be putting away 12% so you effectively have a 5% raise</quote> ... Copied to Clipboard!
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ocelot51 11/13/18 11:28:52 AM #14:	JustMyOpinion posted... What exactly is the cap on this? I doubt if you put 50% of your salary in a 401k they're giving you 43%. That would be a crazy high return. A 7% match means your employer will match your contribution to a max of 7% of your salary. In 2019 you personally can throw in $19,000 max. The sum of that plus all other contributions like employee match cannot exceed $56,000 or 100% of your salary, whichever is lower. If you're over 50 you can put in more, as a catch-up. Everyone should put something away for retirement as early as possible. Your older self will thank you immensely. <cite>ocelot51 posted [p:912331599] in I dont con... [t:77196334]...</cite> <quote><cite>JustMyOpinion posted...</cite> <quote>What exactly is the cap on this? I doubt if you put 50% of your salary in a 401k they're giving you 43%. That would be a crazy high return.</quote> A 7% match means your employer will match your contribution to a max of 7% of your salary. In 2019 you personally can throw in $19,000 max. The sum of that plus all other contributions like employee match cannot exceed $56,000 or 100% of your salary, whichever is lower. If you're over 50 you can put in more, as a catch-up. Everyone should put something away for retirement as early as possible. Your older self will thank you immensely.</quote> ... Copied to Clipboard!
Giant_Aspirin 11/13/18 11:29:18 AM #15:	JustMyOpinion posted... What exactly is the cap on this? I doubt if you put 50% of your salary in a 401k they're giving you 43%. That would be a crazy high return. 401ks have an annual limit of $17.5k edit: whoops, $19k, as pointed out above. --- Playing: Dead Cells; Celeste; Soul Calibur VI *(~);} - I suppose it will all make sense when we grow up - {;(~)* <cite>Giant_Aspirin posted [p:912331621] in I dont con... [t:77196334]...</cite> <quote><cite>JustMyOpinion posted...</cite> <quote>What exactly is the cap on this? I doubt if you put 50% of your salary in a 401k they're giving you 43%. That would be a crazy high return.</quote> 401ks have an annual limit of $17.5k edit: whoops, $19k, as pointed out above.</quote> ... Copied to Clipboard!
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ocelot51 11/13/18 11:44:43 AM #17:	Well I guess that depends on what TC meant but a straight 7% match out of context means if you make 100k and put 10k away (10%), your employer will put in 7k. If you put in 5k they'd put in 5k. <cite>ocelot51 posted [p:912332323] in I dont con... [t:77196334]...</cite> <quote>Well I guess that depends on what TC meant but a straight 7% match out of context means if you make 100k and put 10k away (10%), your employer will put in 7k. If you put in 5k they'd put in 5k.</quote> ... Copied to Clipboard!
voldothegr8 11/13/18 11:47:35 AM #18:	Fuck free money! --- Oda break tracker 2018- 7 (3) \| THE Ohio State: 7-1 \| Oakland Raiders: 1-6 Super Mario Maker Profile: 1237-0000-0073-02FE <cite>voldothegr8 posted [p:912332456] in I dont con... [t:77196334]...</cite> <quote>Fuck free money!</quote> ... Copied to Clipboard!
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Current Events > I dont contribute to a 401k ama (+) Yeah! (+)

Current Events > I dont contribute to a 401k ama