Tech Industry
Yesterday
1232
Women, help me understand why this is inspirational
Personal Finance
3d
3021
Is spending 12K per month normal or too much
Health & Wellness
Yesterday
337
Lasik cost
Tech Industry
Yesterday
2103
What happens when most of your team is Indian?
Tech Industry
3d
58803
Crossed a line with my boss
Some 401(k) plans allow after tax contributions and support in-plan rollovers of up to $37500 on top of the standard $19500 traditional/Roth. We have these at Uber, and I know Google has them as well. Where else? EDIT: Summary so far: Uber - 45% of base Lyft Netflix Facebook Google Apple - 20% of base Microsoft - up to fed contribution limits Snap - 15% of base Salesforce Amazon - 10% of base Oracle Cisco Airbnb Splunk Adobe Companies that do NOT: Instacart #retirement #401k
Lyft
NFLX
Facebook does. Instacart does not.
Can confirm on FB side
Salesforce
Amazon, up to 10% of your salary
Keep in mind it's base only which caps at (160k or 185k sf/ny)
Amazon increased the base cap to 350k and since Jan 22 allows 90% after tax contributions
Why do you care ? Is it such a big deal ?
Yes, tax deferred growth.
I know that part. But what’s the point of compiling this info. Is op going to only apply to the companies which allow backdoor. Too small of a benefit in grand scheme of things. Btw I have been doing it for years but wouldn’t care either ways ....
Microsoft does up to like $28k.
Microsoft allows you to max it out. It ends up being about 28k only because the combined total of your contribution, company match, and after tax is limited by law to $57,000.
How much can you contribute at Microsoft each month? E.g., can you contribute 100% of your base + any bonus into after-tax, or are there lower limits? If you already contributed 19.5k elsewhere, would Microsoft allow you to contribute full 58k into aftertax?
Snap
Oracle
I believe the fruit company has it