Author Topic: Can 403b parameters be negotiated for an individual?  (Read 479 times)

By the River

  • Stubble
  • **
  • Posts: 162
Can 403b parameters be negotiated for an individual?
« on: February 26, 2018, 10:42:59 AM »
Say I'm looking at a company with a 403b plan that matches 50% of the employee's contribution up to $2,500 per year.  Can an individual employee use this rather low limit as a negotiating point?  In other words, can a company give 1 employee a higher match (say $5,000 per year) or would it be discriminatory?

Catbert

  • Handlebar Stache
  • *****
  • Posts: 1698
  • Location: Southern California
Re: Can 403b parameters be negotiated for an individual?
« Reply #1 on: February 26, 2018, 11:26:09 AM »
No.  You're stuck with whatever their plan says.

partgypsy

  • Magnum Stache
  • ******
  • Posts: 3257
Re: Can 403b parameters be negotiated for an individual?
« Reply #2 on: February 26, 2018, 11:31:36 AM »
yes, to amend, that the same rules apply to all employees in a company. They would have to change their rules and give everyone that same matching if they so choose. Potentially possible if you are an employee and you all negotiate as a group to change this.