Okka_magaadu
Pilla Bewarse Username: Okka_magaadu
Post Number: 84 Registered: 04-2004 Posted From: 67.98.187.69
Rating: N/A Votes: 0 | Posted on Monday, October 18, 2010 - 12:14 pm: | |
Praveen:
Alaa kaadu. Suppose your salary is 100K, forst 3% (3000) he gives 3000 and for the next 2% (2000), he gives 1000. So, if you contribute 5%, he gives 4% of your salary in money terms your contribution is 5000 and your employer gives 4000 for 100K salary. It is a must to contribute at least up to your employer match. Invest in some low cost Mutual Funds, if you have option to invest in Vanguard mutual funds it is better. |