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I like the plans where the first 7% is granted, and the last 3% is a match -- it helps everyone, and encourages personal contributions.
by dantheman 8y ago
I like the plans where the first 7% is granted, and the last 3% is a match -- it helps everyone, and encourages personal contributions.
- CydeWeys 8y agoDefinitely sounds better than most plans. Also what's been proven to be incredibly effective, and what many companies are doing now, is to make retirement contributions opt-out rather than opt-in. I forget the exact stats but it was something like 30% contribute to a plan if it's opt-in, but 80% do if it's opt-out. It's a huge difference.