motti_s
Joined 14 years ago
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Joined 14 years ago
The employee defers up to 18K (IRS limit), MSFT matches 50% of it, which is up to 9K.
Previously they contributed 50% of the first 6% the employee deferred = a maximum of 3% of the salary. So for anyone who makes less than 300K (9K / 0.03), this means a higher match from MSFT.