Quote:Kind of if I contribute up to 5% of my paycheck call it $100 to make the numbers easy they would match half of that dollar amount so the total into the 401k that period would be $150 now if I want to save $125 they would still only contribute $50 if I wanted to save $80 they would contribute $40 make more sense that way?

 

Yeah, the way you explained it sounds about right. 

 

Luckily I'm 100% up to 5%...its always a good perk to take all the "free" money you can.  The company I work for has annoyed me with it though.  You don't get that 5% on a bi monthly basis anymore.  They give it to you in a lump sum at the end of the year.  So if you leave in August.....that 5% goes down the drain.   It's a crappy move by the company.

---