mgriffiths Posted July 30, 2016 Hey guys, I am looking at some budget information and just had a question that I couldn't find the answer to online. Hypothetical job: $80k base salary + $20k bonus Employer offers a 3% 401k match. Does the 3% apply just to the base salary, or does it include the bonus as well. In other words, would the employer match be $2400 or $3000? Thanks
Moderator ventana Posted July 31, 2016 Moderator 401k and 403b is federally mandated I am not sure of the answer, but I suspect it is one the TOTAL pay that you get, their are very strict rules on this and in general they include all income...
AbeTheBabe Posted July 31, 2016 I just got my first real quarterly bonus and my 401K contribution along with my employers were both definitely higher than normal. I don't know if this would be the case for everyone though.
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