Howdy everyone! I’ve been with my current employer for a little over two years and I’m finally starting to think about my retirement. I’m a little behind the curve at 29 but I’m trying to make sense of what my employer can match.
Is this okay? What should my best option be? I’m salaried at $84,000.
From HR: “The Company will voluntarily contribute 50% of your contribution (or salary deferral amount) up to your deferral of three percent. This means that in order to receive a Company contribution of one and one-half percent of your compensation, you must defer at least three percent. If you de-fer two percent, the Company will contribute fifty percent of your deferral or one percent and so on.”