News for hackers. Stuff that matters.
Re:Microsoft Expands Its Parental Leave, Bolsters Paid Time ... by encoderer on Wednesday August 05, 2015 @06:57PM (#10013457)
The employer match does not count towards the $18k limit.
Re:Microsoft Expands Its Parental Leave, Bolsters Paid Time ... by guelo on Wednesday August 05, 2015 @07:51PM (#10013719)
Unrelated, but Wall Street parasite fees do count towards your contribution limit. And 401k plans mostly offer high fee funds. So be careful or you might think you're contributing $18k but you're actually only contributing $17k and making an annual $1k gift to some some banker's bonus. Also, 401k is a massive Wall Street scam.