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What are LEK benefits?
Hey Guys, off topic question... My mom has a savings account in a Punjab National Bank branch. Recently while trying to do transaction branch manager is informing her account has been blocked as per SEBI directive, he is not showing any proof for the same. Now my mother does not even have a DEMAT account, nor does she have any dealings with stock market. Any suggestions on what to do regarding this? Please help with suggestions, we are completely lost as to what to do. Punjab National Bank
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I love this so much!
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What age was the youngest PPMD at your firm?
If you are starting as an Audit Associate some time from now with Deloitte or any of the big 4, do they expect you to have passed/completed all 4 parts by the time you start? Received the Becker Reimbursement email from the recruiter not too long ago but have yet to start. I’ve seen plenty of people get to Senior at a big 4 firm without the CPA so I am a bit confused in that aspect. Any helpful feedback will be very much appreciated.
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I work for a PubCo. It is 50% no limit. I contribute 19, they 9.5. Immediately vest. Also applies to catch up contributions (I am not old enough for catch up though).
It is the best benefit we have, and I have never heard of better w/r/t matching.
^That’s not true. There is a cap on total combined 401k contributions of $57k in 2020, individual contributions are limited at $19.5k
1. 100% match up to 6%
2. 6% automatic (safe harbor)
3. An additional 3% not guaranteed but put in once annually every year for the last 5 years
-5 year Cliff vesting until 12/31/2019
-Effective 1/1/2020 vesting is 100% after 1 day of servic, yay!!!
As long as the salary stays competitive I can never quit this job. 15% is unheard of, except for the poster above who gets an unlimited match
I’d like to know what company too🤔
We also get a pension. You have to factor that in. Not common.
How does the pension plan work for non-ppeds?
Former company 3% automatic safe harbor contribution made by employer once annually. Employee not required to put anything in to receive. Immediately 100% vested.
Current employer 6% safe harbor match immediate vesting. Eligible after 6 months.