Thread: Check my Logic
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Old Sep 14, 2009 | 03:10 PM
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jaymar88
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From: In the gym
Default Check my Logic

So assuming a base salary of 100k...

"Employer will match 25% of contributing funds up to a max of 5% of the employees salary"

I interpret this as, employer will match 25% of the employee's contribution up to a maximum contribution of 5k (5%) a year.

So max matching "contribution" is 5k.

HOWEVER,

The way it's being explained is.. You will get a maxiumum employer contribution of 25% "OF" 5%.

so in this scenario - 1250 max contribution.

Your thoughts?
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