zlacker

>>toomuc+(OP)
Read somewhere that they get 12% match on 401k. No pensions, but there’s almost none of that in today’s world.

>>pixela+y3
Pensions seem nice to have, but IMHO, it's generally better for employer and employee when compensation is paid immediately. The accounting is simpler, accountability is easier, and there's no long term entanglements.

>>toast0+F5
It depends on your income level in the US, but in general a 401k is a tax dodge for the employee

>>sidewn+Pb
In an ideal world yes, but the amount of money people lose from the 10% early withdrawal penalty is huge. You don’t want anywhere close to 100% of your long term savings in a 401k.

>>Retric+rc
What does early withdrawal have to do with this? I'm talking about the tax status of contributions