I would join the 401 K at the lowest contribution % simply because it gives you a head start on being vested. Most companies have a graduated vested structure where you get fulled vested after 5 years
If the Dems keep their “60”, I believe the next thing you will see is an increase in the SS and Medicare tax.
I would join the 401 K at the lowest contribution % simply because it gives you a head start on being vested
...uh ...actually no, vesting has nothing to do with contribution rates, only based on employment date and vesting schedule. You can decide not to save until you will be 100% vested, but you are ALWAYS 100% vested in your contributions and returns, so you should save from day one every dime you have to in order to get ALL of the Company matching, since that is FREE MONEY!! Even $0.25 per $1 match in money market will give you a 26% guaranteed return on your savings... not available elsewhere without much larger risk.... ymmv