By JLP | December 30, 2005
I was reading some mail from the human resources department of my wife’s employer and noticed that they are raising the company match of their 401(k) to 75% of the first 6% of contributions. So, if we contribute at least 6%, we will get a 4.5% match (6 X .75 = 4.5). In the wake of all the different companies that are reducing or eliminating company matches (which I think is REALLY STUPID), I feel very fortunate to have a company that is actually raising the match.
I’d like to know what other companies are doing. If privacy is a concern, you can email me at the address listed in the right sidebar. I would like to know the company you work for and the company match. I will then put together a table with the company name and the match amount, if any. No personal information will be published. It would be interesting to compare various companies.