How much do you deposit into your 401k per paycheck?

[Nocturnal]

????????

 

[Dunbar]

9% plus 3% match plus about another 3% company profit sharing at the end of the year. Most "experts" say you need to contribute 15% if you want to maintain your standard of living in retirement.

You won't miss money that never hits your bank account.

 

[MazerRackham]

8% to get the 4% match from my company.

 

[minendo]

5% into 401k, 4% company match
10% into stock purchase, 5% company match

 

[dionx]

6% in 401k, 3% match

15% into stock purchases at 15% discount of lowest price in 6 months

 

[Dunbar]

Are you guys talking about buying your companies stock?

 

[minendo]

Originally posted by: Dunbar
Are you guys talking about buying your companies stock?

Yes. I also get stock options in a few months.

 

[aeroguy]

10% in 401k, 6% company match... pretty good for being 25 years old.

 

[Scouzer]

0%

I'm going to die at 55 or 60, so I don't really care.

 

[doze]

They match up to 3% so I put 3% in per check. The funny thing is that most people at my work don't put in anything. As long as you put in what they match it's a 100% profit on investment immediately and the money comes out before taxes.

Originally posted by: Dunbar
Are you guys talking about buying your companies stock?

Retirement plan

 

[edro]

They match 75% up to 6%. (isn't that only 4.5% 🙂)
I deposit 6%.

 

[brunswickite]

15 percent, but they dont anything match 🙁

 

[RaWrulez]

6% into any fidelity mutual funds of my choice... they match $0.50 of 4% into the company stock fund... it's free money i guess.. vested from day one.

 

[Taggart]

If your company doesn't match then don't contribute to the 401k. Put your money in an IRA, especially if a Roth is optimal for you.

 

[NL5]

12% plus 2.5% from the company, plus my "pension"

 

[Torched]

100% 😛 up to $2000

 

[OulOat]

10k plus 2.5k from company. Dunno if I should go to the max (first job).

 

[GhettoFob]

10% company matches 5%

 

[kotss]

403K - 9% of the first 16500, 12% up to salary - 16500, I am limited to 3% of my own.
So I do 3% and employer puts in over 11% (Total) in addition.

 

[AnyMal]

5% weekly. company matches 100% of the first 3%

 

[ECE]

i contribute zero, company has a profit sharing plan that will contribute 15% of income deposited into an investment account.

 

[Descartes]

Originally posted by: Taggart
If your company doesn't match then don't contribute to the 401k. Put your money in an IRA, especially if a Roth is optimal for you.

There are no such rules. If you're in a higher tax bracket a 401k is potentially favorable for tax-deduction; in addition, if you don't meet the MAGI rules you can't get the tax-deferrment benefits of a Roth, and you can't get the tax-deduction benefits of a Traditional IRA either.

 

[Sketcher]

10%, company matches 25%

 

[RossMAN]

10%

They match up to 6%, max contribution is 25%.

 

[NogginBoink]

15% into 401K (non company stock) with a 3% match.

15% into company's employee stock purchase program that buys stock at 10% off market value (which I immediately sell).