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Antiwork

Employer lying about 401k match?

The company I work for claims when they hire, on their Human Resource section of the website, and in the Employee Handbook that they match $0.50 on the dollar of your 401k contributions up to 4% of your annual pay. I just noticed on every paycheck last year they matched 25% of my contribution. I contribute 8% of my pay in order to maximize this benefit. My impression was since they match half, if I put in 8% I would get the max benefit of their match which is 4%. Am I missing something or am I getting screwed?


The company I work for claims when they hire, on their Human Resource section of the website, and in the Employee Handbook that they match $0.50 on the dollar of your 401k contributions up to 4% of your annual pay. I just noticed on every paycheck last year they matched 25% of my contribution. I contribute 8% of my pay in order to maximize this benefit. My impression was since they match half, if I put in 8% I would get the max benefit of their match which is 4%. Am I missing something or am I getting screwed?

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