How Much Will 401K Reduce Paycheck?

  1. 37376 POINTS
    David G. Pipes, CLU®, RICP®
    Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
    Most employers give the employees complete discretion over the percentage of their income to be contributed to the retirement program. Some employers make enrollment “automatic” and then an employee must chose to be removed from the program if they don’t want to participate. It could be that the amount of contributions can be altered as well.
    Answered on November 7, 2014
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