Really dumb question … say I make 150k salary and no bonus, and my match is 6% dollar for dollar. If I join halfway through the year, will they still match me on 6% up to the 150k, or only on my earnings for that year, 6% of 75k, since I was only there for half the year. Thank you.

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They match on the amount you’re paid in the tax year. So it’d be 6% of the 75k

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Earnings for the year

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You mean 401k? Entire 6%

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What if it is lumpy by paycheck … I.e contribute nothing one paycheck but a bunch the next

Refer to your plan documentation on when the match is provided. Some employers do 6% earnings every employee contribution / paycheck (assuming you’ve contributed 6% or more), others only contribute the match once a year, some have a true-up so they are contributing the max despite when you add in your contribution, etc. Typically it is based on earned salary within the year, not what is stated as your “base”

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Just noticed that you work at Deloitte - when I worked at Deloitte 3 years ago it they put in the match once a year near the end of the fiscal year (calculated based on earned salary throughout the fiscal year)

Also depends how much you invest in the 401k. It’s a match. So a dollar for dollar match of what you contribute, up to a maximum of 6% of your salary.

Carry the 1…

You’ll be matched, provided you elect to contribute 6%+ from each paycheck, from earnings after employed. The match usually occurs at the time of each pay deposit.

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