401K contribution?
Fresh out of school and wondering what you guys do when it comes to 401K. Do you actually use it or do you take your money else where? If so, what is everyone's contribution and company match look like?
Fresh out of school and wondering what you guys do when it comes to 401K. Do you actually use it or do you take your money else where? If so, what is everyone's contribution and company match look like?
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Definitely use it if there's a company match, at the minimum, get the full match. Try to save at least 15% of your income if you can, after a few years, you'll have a pretty decent retirement savings built up.
Contribute to at least get the full company match. Then think about opening a Roth IRA, which has a max contribution limit of 5.5k per year assuming you are under the income threshold.
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