PwC if benefits are retroactive and I signed up after my first pay check, does that mean on the next paycheck they take out double the amount to make up for not taking anything out this pay period, as I wasn’t signed up for the 401(k) and health insurance yet? I guess I’m confused how retroactivity works in that regard. Because if that wasn’t the case, why wouldn’t they say “hey, you need to sign up for benefits before your first pay period so you can start getting contributions right away”

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If your benefits are effective on your first day of employment, you have 30 days from your first day to elect coverage. If you miss a paycheck before you enroll, most companies will do a catch-up deduction on the next check.

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Also 401k can have a waiting period to join/contribute. You also might be autoenrolled. Depends on what the company has set up.

401k isn’t retroactive.

Health insurance will catch itself up

And what’s the problem if you’ve missed a period of 401k contributions? Just adjust the contribution rate to catch up for fucks sake.

🙄

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What is retroactive?

401k doesn’t kick in for a couple months anyway

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