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Work bonus that I forgot to blog about!

January 25th, 2009 at 04:28 am

When I posted the other night about my work bonus, I completely forgot to mention this!! My company's basic match on 401k contributions is 50% for up to 6% of the employee's base pay. When the bonus amounts were announced the other day, a separate announcement also came out that an additional 30% match was approved for 2008 contributions, for a total of 80% match!!! At first I thought I must not have read it right, LOL ... I had no idea they did that, and I don't know if it's something they have done in the past, since I've only been employed there 16 months. I am so glad I opened my 401k early last year and contributed 6% of my salary!! Smile

Posted in Work | 3 Comments »

3 Responses to “Work bonus that I forgot to blog about!”

  1. Nika Says:
    January 25th, 2009 at 04:36 am 1232858217
    1232858217

    Wonderful! Does it also mean that you don't need to pay taxes on that part of the bonus? Even sweeter!

  2. gamecock43 Says:
    January 25th, 2009 at 02:01 pm 1232892083
    1232892083

    oh awesome!! yeah! Any extra money in this economy is certainly appreciated!

  3. HouseHopeful Says:
    January 25th, 2009 at 04:17 pm 1232900263
    1232900263

    That is a really good bonus! Especially in these times, where companies are cancelling their matching all together.

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