4 ms·
unless they just put a cap on it. like $3 million or something. problem is I've seen 401ks get adjusted so they work for the CEO. like a 100% match on the firs
by sharemywin 3y ago
unless they just put a cap on it. like $3 million or something. problem is I've seen 401ks get adjusted so they work for the CEO. like a 100% match on the first 1% then 50% after that. or some other craziness.
because 1% of a 1.5M salary is enough the max 401k. so why shouldn't CEO adjust the plan so it saves them like $6K. geez...greed much...