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Learning, Sharing, and Teaching => Ask a Mustachian => Topic started by: By the River on February 26, 2018, 10:42:59 AM

Title: Can 403b parameters be negotiated for an individual?
Post by: By the River 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?
Title: Re: Can 403b parameters be negotiated for an individual?
Post by: Catbert on February 26, 2018, 11:26:09 AM
No.  You're stuck with whatever their plan says.
Title: Re: Can 403b parameters be negotiated for an individual?
Post by: partgypsy 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.