401k contribution question? Is it figured from gross or net pay?

Talk to payroll. Problem solved...

 

401k is a tool for Wallstreet to get money from worker bees like you, ever heard from those million of people ruined by the 2008 financial crisis? Not a bleep, no one from Wallstreet was ever held responsible.

 

Match whatever % your company is giving you ... then go from there

At least take advantage of their free contributions

 

Are you paid a per diem? Those wages won't count toward your contribution if so. Otherwise, I'm assuming they've got you setup on a Roth.

 

No, if they do 'nothing' after the crash they are now back to the level they were before not a whole lot more.. And that is with the government helps the financial sector at the expense of everyone else. Wallstreet have perfected a system 'head they win tail you lose', they have totally corrupted and controlled the US government. If you believe in the Bible Wallstreet is the money changers, I invest my money in real estate way more profitable than 401k.

 

you can most likely only get what the companies 401k is set up to be. i put 12% in from my check and my company puts 6% in. thats a total of 18%

 

It's generally a % of the gross. Pay no attention to the stock market Chicken Littles. Stocks are your retirement friend.

 

There was a lot of people thought that in the 20s too, what land is going for these days is ridiculous. Don't invest more than you can afford to lose, that's my philosophy anyway.