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401k if you join in the middle of the year.

if company contributes 50% upto 6% of compensation. this mean if my salary is 12k/year, I earn 1k per month company can match upto $360 per year(3% of 12k). if I join in the middle of the year, then I will be getting total salary only 6k(1k per month for remaining 6 months), in that case company can contribute upto 3% of total salary i.e. 12k or 3% of only salary I got for that year i.e 6k. if answer is company can still contribute 3% of total salary. then I will select 12% contribution . ​ Thanks ​ ​ ​


if company contributes 50% upto 6% of compensation.

this mean if my salary is 12k/year, I earn 1k per month company can match upto $360 per year(3% of 12k).

if I join in the middle of the year, then I will be getting total salary only 6k(1k per month for remaining 6 months), in that case company can contribute upto 3% of total salary i.e. 12k or 3% of only salary I got for that year i.e 6k.

if answer is company can still contribute 3% of total salary. then I will select 12% contribution .

Thanks

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