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Hi! I work at Jounce Therapeutics, Inc., a clinical-stage immunotherapy company dedicated to transforming the treatment of cancer by developing therapies that enable the immune system to attack tumors and provide long-lasting benefits to patients through a biomarker-driven approach. We are currently looking for a Senior Staff Accountant to join out Finance team! I have attached the job description here: careers-jouncetx.icims.com/jobs/1291/senior-staff-accountant/job
Anyone doing any investing in Charleston, SC
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If I use delta cash+points. Did I get mqms?
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50% almost exactly
I think you have it right P2... PwC does not do a lump sum but adds the amount in every pay period.
Actually, I want to open this up to the Fishbowl brain trust.
My reason for wanting to be precise is this: once you hit the limit, you can either contribute post-tax (barf), or have it automatically cut off your contributions.
If my goal is to max my matching benefit from pwc, both scenarios would result in an unfavorable outcome. Contributing post tax sucks, but would get me the continued match. Cutting off early would stop the matching altogether.
By landing on $18k exactly, I guarantee that pwc is contributing their max all the way to the close of the year.
Be gentile here, but does that logic make sense?
I actually think you have it right for PwC P2 - please let us know because I am operating under the same logic
@P2 called help desk yesterday to check. It's matched per paycheck, not as a lump sum
About 50 percent. Didn’t adjust 401k prior (I have my 401k set to land perfectly on $18,000 at the end of the year, including this bonus).
^same
D2, you bring up a good point... I have no idea of it it is per year or per pay cycle. I know my 401k balance on our comp portal treats it like its per pay cycle. Something for me to look into.
I live in NYC and with additional taxes it was 47% without 401k.
Look at these amateurs.
You don't need to set 401k exactly if it goes over you'll get it back towards the end of the year
^No. You only lose money if Pdubs promised to match 100% “per pay cycle”. Typically our companies a) do not match 100% contrib. b) dont do it per pay check but as a lumpsum at fiscal year end. As long as you contributed the % they said they would match, you are good beyond that point to stop contrib mid-year or taking it till year-end.
Does pwc allow for after tax contributions and in service withdrawals?
PwC doesn't true up firm contributions. It's on the employee to do the math, distribute your contrib through the year and get the max match from the firm.
Thanks P6! So it sounds like my approach makes sense. Good to know!
Yeah P2 you're right, pwc matches per pay cycle so if you max out too early then you lose the benefit for later months. They even had an article pretty much spelling that out on the daily email since it seems like it wasn't very well known