I have a few burning investment questions that are a bit beginnery, even though I have read the Collins book, think I am a bit slow. This is the first:
Does the match from my work have to be included in the 18k irs limit? Or do I only add what I put in myself? Below is what it says on their site.
College contributes 7% of base salary, with no employee contribution requirement. Then, College will match the employee's contributions, up to 4% of base salary. The maximum college contribution is 11% of base salary; however, the employee can contribute additional contributions over 4%, up to the annual IRS limits.