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Does ZS give promotion to expectant mothers or employees on maternity leaves.
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It's surprisingly legal, but really bites. To reduce your share, you can transfer your 401K funds to an IRA, assuming your plan allows for an "in service rollover".
Run
I can't help, but thanks for posting this. I'm interviewing with a company with less than 50 employees and usually max out every year. I'll have to watch for this.
No option for in service rollover unfortunately. Fees this year are 20-40% higher than last year. Only get a 50% match up to 7% as well. Not a lot of upside to staying with a shrinking company I guess, so maybe it’s a sign to start looking for the exit. Thanks for the replies.
Pleasant surprise: even as a seasonal front-line employee, my employer contributes $1.25 for every 1.00 that I contribute to my 401k, up to 6% of my pay including bonuses. I thought it must be a typo when I first saw it in writing. Frankly, it is the most generous 401k I have ever seen in my 40 years of employment. Thank You!
I came from higher ed and the last match program I had was 10% for me putting in zero and another 1-for-1 up to 20%
I was getting ready to just quit around Liberation Day but the hit my portfolio took made me stick around. That excuse is gone now so probably time to bounce.