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Option 1: Option 2. Eligible employees can participate in a 401(k) plan with up to a 6% match. Which options is better? can you show
Option 1:
Option 2.
Eligible employees can participate in a 401(k) plan with up to a 6% match.
Which options is better? can you show me in an excel? assume employee makes 100k/year
All employees are eligible for 3% retirement plan contribution. Contribution made to 401(k) account. Eligibility on January 1 coinciding with or following hire date. . 5 year vesting cycle progressing at 20% annually. Full vesting at 5 years. Contribution made in Crane stock; after vested can select other investment. All employees are eligible for 3% retirement plan contribution. Contribution made to 401(k) account. Eligibility on January 1 coinciding with or following hire date. . 5 year vesting cycle progressing at 20% annually. Full vesting at 5 years. Contribution made in Crane stock; after vested can select other investment
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