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My company is similar, but over 3 years. It’s a weird way for them to save a few thousand bucks per employee who quits (since you get the full amount by the 3 year mark).
It’s 20% per year. It’s not… bad… but this 401k is going to be a joke when I retire.
My company is similar, but over 3 years. It’s a weird way for them to save a few thousand bucks per employee who quits (since you get the full amount by the 3 year mark).
Or gets laid off… if they fire them, they should have to pay 100%