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401(k) Peeps...

Discussion in 'Members' Lounge' started by Bob Vila, Dec 29, 2003.

  1. Bob Vila

    Bob Vila ɐןıʌ qoq Admin VIP

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    How much did you make over the past year in your 401(k)?

    Did you do well? Did it flop?

    As far as me...I did outstanding!

    I made over $3700 bucks this year, putting 6% into it out of my own pocket and the company matching 3% of that. I am averaging approx 28.6% Rate of return.

    Once I get another raise in May I'll up my contribution to 12% into which the company will match their max of 12% :)

    Hello early retirement :)
     
  2. pissedoffsol

    pissedoffsol RETIRED

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    0
     
  3. Bob Vila

    Bob Vila ɐןıʌ qoq Admin VIP

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  4. mjfubar

    mjfubar Member

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    yea early retirements cool
     
  5. phunky.buddha

    phunky.buddha Admin with a big stick Admin VIP

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  6. CRX-YEM

    CRX-YEM Super Moderator Moderator VIP

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    yeah I'm doin pretty good as well

    Rate of Return for the period beginning July 18, 2002 and ending December 29, 2003 is 18.45%

    Rate of Return for the period beginning January 1, 2003 and ending December 29, 2003 is 21.42%
     
  7. Jeef

    Jeef NO MA'AM Moderator VIP

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    I need to get a 401k, my company has one set up for me, but I probably won't make the 5 years to get vested in the company.
     
  8. CRX-YEM

    CRX-YEM Super Moderator Moderator VIP

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    yeah Jeef I got lucky I guess I've been with the company 8 years and the 401(k) was just started in 2002, you need to be with the company 5 years to be 100% vested, They made the vesting option retroactive to the date of hie so I was 100% vested when the program started.
     
  9. JDMilan

    JDMilan Senior Member

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    <<--- no 401k for me as of yet.
     
  10. Airjockie

    Airjockie Watanabe Whore!!!

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    well, I dump $50 a week into it, and the company drops $25 as their match....I can't afford the $126 max that I can put in it, and they would match at 50%.....interest...is normal.

    me payment for one year= $2,600
    the company pay's into it= $1,300
    ---------------------------------------------
    $3,900

    not bad for one year...
     
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