@gdayfromtheusa: What is a 401k? 🇺🇸 #usa #gdayfromtheusa #america #retirement #401k

G’DAYfromtheUSA
G’DAYfromtheUSA
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Region: US
Tuesday 06 February 2024 23:43:57 GMT
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mrsc0505
Mrs C 🦘🇦🇺 :
The more I hear about America, the sadder I feel for its people
2024-02-07 01:10:32
33
jessiepinkman110
Jessie Pinkman :
How much is petrol converted to aud? 🤔
2024-02-07 08:52:27
11
headless_barbies
Headless_Barbies :
My employer doesn’t match or pay into my 401k at all. It’s all on me.
2024-02-07 00:14:02
15
privateme696
privateme696 :
401k is voluntary for both employees and employers-we do have SSI benefits that come out of our taxes.. granted not enough to survive in retirement but it’s government.. 401 is in addition to that..
2024-02-07 10:31:18
7
flyflorida2001
flyflorida2001 :
Depends on the employer. Mine puts money automatically into mine and I can put extra. Also, you said “doodoo”
2024-02-08 16:10:46
10
mikeaul68
Mikeaul :
401k is a reference to the tax code that allows it. 50% match is great. It is free money.
2024-02-07 01:12:16
14
bexgoodegg
bexgoodegg :
Does Australia also have Social Security?
2024-02-07 00:29:59
13
sportstar1623
sportstar1623 :
Okay there are several different types of retirement accounts 401k is simply a savings account. Also how much your company can match is regulated.
2024-02-22 07:13:09
9
bowdowntodawn
silvercat2800 :
you know more than me
2024-02-06 23:58:32
8
craigeaton86
Kraigge :
Australia moving to 15% employer contribution in a few years - we are just used to it
2024-02-07 13:09:28
16
dazzhen1964_
darrenhen64🇦🇺 :
$2.19 for petrol here in melb
2024-02-07 05:31:07
8
bundygreer
bundygreer :
12 to 15 % in Australia 🇦🇺 👍
2024-02-07 07:52:56
5
user378908547945
user378908547945 :
NO in Australia your boss puts nothing in your super it's like tax they take out of your pay is part of your pay what ever your pay is it comes out of
2024-02-07 16:01:52
8
user8248088452211
Greg Mclean :
Amanda are you an American citizen?
2024-02-07 13:11:04
10
willmullis0
Will Mullis :
401k is also mostly stock market investing
2024-02-07 06:04:04
7
steveadams60
Steve Adams :
in a America not everyone gets pension payments unless you have got the hours and paid taxes.
2024-02-07 00:05:33
7
kez_aussie
kez_aussie :
annual leave does the company pay 17% loading on top?
2024-02-07 08:33:16
9
soulleveluniversal
Mazzy :
I have to pay $2 a litre if I get petrol locally. Drive an hour to my Docs and I can get it for $1:94.9 a litre
2024-02-07 02:12:17
7
stevenw7248
Steven Prater🏳️‍🌈 :
Sorry, but it sounds like Australia has the better deal. Most employers I’ve had don’t even match contributions to 401ks. It’s sad.
2024-02-07 09:20:24
8
user378908547945
user378908547945 :
I was a uiion officers when it came on it was part of a rise of 5% you got 2 % in your pay and 3% went into your super it's your money
2024-02-07 16:09:54
6
jmander1
Judy :
my employer matches 100% up to 6%, which is pretty decent
2024-02-07 00:07:59
8
trippin_halloween
stasia 🎃 :
ohhhhhhhhh. thanks for answering. I see it written on Job descriptions
2024-02-09 12:25:50
7
50isgood
50isgood :
It was the replacement for profit sharing, that was far better for individuals than 401k
2024-02-07 10:38:35
6
lilstalkermuch6228
LilStalkermuch :
Coz Australia is the best place to live
2024-02-06 23:51:49
10
hionwats
Username User :
Yeah 11% now but some do up to 14% if negotiated at time of EBA if that’s what they still call it theses days.
2024-02-20 04:24:02
6
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