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You might want to go check the match of the big tech companies again. Google: Greater of 100% up to $3000, or 50% up to contribution limit (whichever is greate

You might want to go check the match of the big tech companies again. Google: Greater of 100% up to $3000, or 50% up to contribution limit (whichever is greater) Amazon: 50% up to 4%, vests after 3 years Microsoft: 50% up to contribution limit Facebook: 100% up to half of limit, 50% for the rest Netflix: 100% up to 4% I also don't just get the 120% up to 6%, I also get a fixed 4% of my salary contributed every year. So it's a hyothetical 200 * .06 * 1.2 = 14.4 200 * .04 = 8 14.4 + 8 = 22.8

nostrademons 4y ago
Still have trouble seeing how this comes out ahead. Say you're at Google or Microsoft where it's 50% up to contribution limit, and you get $10K in match. That puts you down $12.8K vs. your hypothetical. If you're getting paid $45K more at the FANG, you pay 35% taxes on it, which puts you $30K ahead after-tax, and then you invest that in an after-tax 401k (or even just a normal investment account), after which you're in exactly the same situation but about $17K ahead each year.
- InefficientRed 4y ago
  Also, FAANG will negotiate offers against fringe benefits. They won't cut you a custom 401K deal, but they will beat any offer by 20%+ and include the post-tax cash equivalent of better retirement packages in that beat. If you ask for it and if they want you badly enough. Assuming you can get a gross offer that matches net, having the money in post-tax accounts is better because the tax rate on the 401K at withdrawal will likely be higher than the 15% capital gains rate.