Looking at my wife's 401k, the material says that her match is 4%. When I look at the amount that they are investing, it appears they are actually investing 4% of her income not the amount that she invests.
Does the amount that she invest make a difference? She is currently putting 46% of her income into the 401k (This will max the investment by the end of the year). Doing the math, when looking at what she is investing, they are matching about 8%.
Thoughts?
Does the amount that she invest make a difference? She is currently putting 46% of her income into the 401k (This will max the investment by the end of the year). Doing the math, when looking at what she is investing, they are matching about 8%.
Thoughts?
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