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I get a 5% match with a group RRSP at work and I'm at a small non-profit company. Most tech companies don't even offer an RRSP in Canada.
by omouse 11y ago
I get a 5% match with a group RRSP at work and I'm at a small non-profit company. Most tech companies don't even offer an RRSP in Canada.
- TylerE 11y agoThat's surprising. Here in the US non-profits aren't allowed to match at all.
- tomkinstinch 11y ago> That's surprising. Here in the US non-profits aren't allowed to match at all. I'm not sure that's correct. I'm at a 501(c)3 in Boston and receive a 401k match up to 6%, fully vested at each monthly grant. According to this[1] IRS doc it looks like 401(k) plans and matching can be used by any non-governmental employer. 1. http://www.irs.gov/pub/irs-pdf/p4484.pdf http://www.irs.gov/pub/irs-pdf/p4484.pdf
- binxbolling 11y agoNo. Non-profits in the US can match whether it's a 401(k) or a 403(b).
- facetube 11y agoNot correct. Source: work for a non-profit with a matching 401(k) program.