3 ms·
The max employee contribution in 2019 is $19000 so given a 50% match the employer would pay $9500. I know a number of large tech companies offer this. But it
by golover721 7y ago
The max employee contribution in 2019 is $19000 so given a 50% match the employer would pay $9500. I know a number of large tech companies offer this. But it still way under what they COULD contribute. And you are right most companies are way under that 50% match up to the individual limit example.
EDIT: Sorry just reread your comment, yes that’s another way companies will structure it x% match up to y% of your salary. The x and y differ wildly. Also some will add a up to z total match. Which kind of formula works out best for you highly depends on your salary. But the average employer contribution for someone maxing out their personal contribution is $3000.