BlueDoe1775
BlueDoe1775 OP t1_j6oiut8 wrote
Reply to comment by PolarisB in 401k Noob Question - by BlueDoe1775
Thank you so much!! I just asked HR about the matching question. It's hard to put into words but I will get to the bottom of it
BlueDoe1775 OP t1_j6ohbqf wrote
Reply to comment by Spiritual_Jaguar4685 in 401k Noob Question - by BlueDoe1775
This is exactly what I will do, thank you!
I chose FSKAX for my Roth IRA, is it suggested to invest in different things for the Roth IRA or keep it all dumped into one fund?
I'm going to try my hardest to max it out after I pay off my debts!
BlueDoe1775 OP t1_j6odjaw wrote
Reply to comment by Spiritual_Jaguar4685 in 401k Noob Question - by BlueDoe1775
Oh my goodness, thank you so much for taking the time to write this out. I truly appreciate it. If I wasn't in debt, I would give you gold, haha!
I'm not a high earner (yet) and make $52k pre tax so I don't think I'll reach that threshold super soon.
I will send an email right now about the match because yes, the 35% on it's own just doesn't make sense to me.
I'll keep my 401k in that mutual fund for now as 2055 is approx retirement age for me.
Again, thank you so much! I will come back to this comment when I am confused.
BlueDoe1775 OP t1_j6p6xav wrote
Reply to comment by Spiritual_Jaguar4685 in 401k Noob Question - by BlueDoe1775
I just got word back that they match 35% of whatever I put in, once a year.
Does that sound normal? Like if I put in $10,000 a year, they'll put in $3,500.
Does that mean I should max it out if I can afford that?