Quote:
Originally Posted by Thrif-t
You know what my problem is with the 401k plan. I got in at my first job in 1990 my match was 6% and now 19 years later the match is still 6%...why doesn't the match ever increase every so many years? Maybe because of the limits on the amount you can save in them? Well I'm one of the lower wage earners, it can go up to 20% and I still won't reach the limit.ha
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The match is determined by your employer. They aren't required to provide any match at all so don't complain. Of course, you are earning more today than you earned 19 years ago, so that 6% equals more money in actual dollars than it did back then.