Comments on: No 401(k) Employer Match? No Problem! http://www.bargaineering.com/articles/no-401k-employer-match-no-problem.html personal finance blog with anecdotes, advice and commentary. Sun, 22 Nov 2009 02:01:03 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: thc http://www.bargaineering.com/articles/no-401k-employer-match-no-problem.html/comment-page-1#comment-20700 thc Fri, 08 Sep 2006 01:59:31 +0000 http://www.bargaineering.com/articles/no-401k-employer-match-no-problem.html#comment-20700 Jim: Sorry I haven't been back in a few days. Yes, safe harbor contributions are fully vested immediately and no, profit sharing contributions that vest on a 5-year schedule do not qualify. Hope that helps. Jim: Sorry I haven’t been back in a few days. Yes, safe harbor contributions are fully vested immediately and no, profit sharing contributions that vest on a 5-year schedule do not qualify. Hope that helps.

]]> By: jim http://www.bargaineering.com/articles/no-401k-employer-match-no-problem.html/comment-page-1#comment-19876 jim Mon, 04 Sep 2006 14:44:54 +0000 http://www.bargaineering.com/articles/no-401k-employer-match-no-problem.html#comment-19876 Must safe harbor contributions vest immediately? The profit sharing vests 20% a year across 5 years... so would it still qualify as a safe harbor contribution? Must safe harbor contributions vest immediately? The profit sharing vests 20% a year across 5 years… so would it still qualify as a safe harbor contribution?

]]> By: thc http://www.bargaineering.com/articles/no-401k-employer-match-no-problem.html/comment-page-1#comment-19868 thc Mon, 04 Sep 2006 14:21:53 +0000 http://www.bargaineering.com/articles/no-401k-employer-match-no-problem.html#comment-19868 Sorry if I was brash. What you are referring to is an employer's Safe Harbor Contribution. It allows them to escape performing nondiscrimination testing. Sorry if I was brash. What you are referring to is an employer’s Safe Harbor Contribution. It allows them to escape performing nondiscrimination testing.

]]> By: jim http://www.bargaineering.com/articles/no-401k-employer-match-no-problem.html/comment-page-1#comment-19771 jim Mon, 04 Sep 2006 04:51:35 +0000 http://www.bargaineering.com/articles/no-401k-employer-match-no-problem.html#comment-19771 The difference is I don't need to contribute in order to receive my employer's contribution. THC - If my blog offends your CFP sensibilities so much, feel free to stop reading. The difference is I don’t need to contribute in order to receive my employer’s contribution.

THC – If my blog offends your CFP sensibilities so much, feel free to stop reading.

]]> By: thc http://www.bargaineering.com/articles/no-401k-employer-match-no-problem.html/comment-page-1#comment-19767 thc Mon, 04 Sep 2006 04:37:08 +0000 http://www.bargaineering.com/articles/no-401k-employer-match-no-problem.html#comment-19767 A company match and profit-sharing are the same thing. You should do a little research on how defined contribuiton plans work if you're going to pretend to give financial advice. A company match and profit-sharing are the same thing. You should do a little research on how defined contribuiton plans work if you’re going to pretend to give financial advice.

]]> By: Chuck http://www.bargaineering.com/articles/no-401k-employer-match-no-problem.html/comment-page-1#comment-19489 Chuck Sat, 02 Sep 2006 17:05:09 +0000 http://www.bargaineering.com/articles/no-401k-employer-match-no-problem.html#comment-19489 What do you think if the employer offers no 401k at all? How much is the extra 11k savings room versus just a traditional IRA worth? What do you think if the employer offers no 401k at all? How much is the extra 11k savings room versus just a traditional IRA worth?

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