Related Posts
More Posts
Fishes!! Broadridge or Fidelity investments ?
Additional Posts in All Things MBB
Can anyone recommend good case prep materials?
Is MIT Sloan a target school for MBB?
Somehow made it to Bain and BCG second rounds (AC level) - question for all the smart folks in this bowl is, what is the difference between first and second rounds in demonstrating certain competencies/skills/qualities? How can I ace the second round to get the offer? I’m confident in passing the airport test so looking at where else to focus. Many thanks! Bain & Company Boston Consulting Group
Subject Expert
A way to save more retirement money than having only a 401k allows. It’s another perk, as it allows the firm to give us additional preferentially taxed retirement comp without any contribution from you.
https://www.investopedia.com/terms/m/moneypurchasepensionplan.asp
I get the part about how it’s tax advantaged, but what point are you making about “additional”? It does not increase the total amount that can be given by employer or employee, AFAIK.
And this is in addition to 401k contribution by the firm?
Also, does everyone get this, including analysts and associates?
Retirement account
Thanks
It is not directly based on performance now if you perform better you get more because you have a higher income. It’s a straight retirement percentage contribution at the end of the year most APs and managers max out that %
Thanks!