SAJ-99
Well-known member
Yes, I did in the past. It’s a pretty common approach.Just curious since my 401k is through Fidelity, anyone work for a company that bases their contribution to your 401k on something other than a percentage of your annual salary? The company I work for bases it on how good of a year we had as to what gets put in the following spring. Like a bonus rather than a match.
It’s a 401k, so there are no super savers. You hit the max and you’re done. As long as they are measuring the entire population of clients, average is indisputable. The point of my main post is the average’s validity the title.Average, in this context, is a shit. Median would be a better gauge as it represents the center, rather than an average skewed by super savers