{"id":440,"date":"2015-05-27T14:35:22","date_gmt":"2015-05-27T18:35:22","guid":{"rendered":"http:\/\/www.torrid-tech.com\/community\/?p=440"},"modified":"2023-07-17T16:43:55","modified_gmt":"2023-07-17T20:43:55","slug":"42k-for-free-whats-the-catch","status":"publish","type":"post","link":"http:\/\/www.torrid-tech.com\/community\/index.php\/42k-for-free-whats-the-catch\/","title":{"rendered":"$42K for free? What&#8217;s the Catch?"},"content":{"rendered":"<p>Or as Mark Miller asks <a href=\"http:\/\/bit.ly\/1GEcvrF\" target=\"_blank\" rel=\"noopener\">in his article<\/a>&#8211; What&#8217;s the <em><strong>match<\/strong><\/em>?<\/p>\n<p>According to <a href=\"https:\/\/www.torrid-tech.com\/community\/index.php\/2017-lots-enhancements\/\" target=\"_blank\" rel=\"noopener\">Financial Engines,<\/a> an average of\u00a0 $42,885 is left in the table due to not contributing enough to take the full match employers have to offer. \u00a0Over a 20 year period, the average number of workers who don\u2019t max out 401k matching broke down as follows:<\/p>\n<p>42% of participants earning under $40,000.<\/p>\n<p>10% of participants earning over $100,000.<\/p>\n<p>30% of younger workers<\/p>\n<p>16% Older savers<\/p>\n<p>Let <a href=\"http:\/\/www.torrid-tech.com\" target=\"_blank\" rel=\"noopener\">RetirementView Software<\/a> help you make wise choices for your Retirement.<\/p>\n<p><a href=\"http:\/\/bit.ly\/1GEcvrF\" target=\"_blank\" rel=\"noopener\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Or as Mark Miller asks in his article&#8211; What&#8217;s the match? According to Financial Engines, an average of\u00a0 $42,885 is left in the table due to not contributing enough to take the full match employers have to offer. \u00a0Over a 20 year period, the average number of workers who don\u2019t max out 401k matching broke [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/www.torrid-tech.com\/community\/index.php\/wp-json\/wp\/v2\/posts\/440"}],"collection":[{"href":"http:\/\/www.torrid-tech.com\/community\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.torrid-tech.com\/community\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.torrid-tech.com\/community\/index.php\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"http:\/\/www.torrid-tech.com\/community\/index.php\/wp-json\/wp\/v2\/comments?post=440"}],"version-history":[{"count":5,"href":"http:\/\/www.torrid-tech.com\/community\/index.php\/wp-json\/wp\/v2\/posts\/440\/revisions"}],"predecessor-version":[{"id":1527,"href":"http:\/\/www.torrid-tech.com\/community\/index.php\/wp-json\/wp\/v2\/posts\/440\/revisions\/1527"}],"wp:attachment":[{"href":"http:\/\/www.torrid-tech.com\/community\/index.php\/wp-json\/wp\/v2\/media?parent=440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.torrid-tech.com\/community\/index.php\/wp-json\/wp\/v2\/categories?post=440"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.torrid-tech.com\/community\/index.php\/wp-json\/wp\/v2\/tags?post=440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}