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Can anyone tell me if MQ stopped matching - Kiki1


Posted: Mar 27, 2011

401k contributions?  I know they had a 50% match back a long time ago when I was first hired. I heard something about them not matching anymore?  Anyone know if this is true? I wouldn't be surprised with what they have already and continue to take from us. 

Watching Suze Orman show; she says if your company doesn't match to stop contributing and start a Roth IRA. 

Effectively no matching. - nm

[ In Reply To ..]
.

That's what I suspected. Thanks for your reply.... - Kiki1

[ In Reply To ..]
I wonder if they ever plan on doing a match? I started laughing before I even finished typing that sentence.

I will probably have to eat noodle soup and bird seed if and when I retire if I don't do something like the Roth IRA, which I don't really know how to go about, but better find out........

They stopped a few years ago - nm

[ In Reply To ..]
x

Suze would probably tell us all - to find a new occupation! LOL!

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XXX

401K match - old and burned out

[ In Reply To ..]
They never had a 50% match; it was 50% of the first 5% that you contributed - which was very little anyway. There are still tax benefits if you contribute; it all depends on your individual circumstances.

Ya, I never contributed more than 5%, so still 50%, but - Kiki1

[ In Reply To ..]
moot point......they contribute 0% of 0% now........ : (

They are not matching.... - Dinosaur

[ In Reply To ..]
but here is what they are making.

http://markets.on.nytimes.com/research/stocks/news/press_release.asp?docTag=201103151917BIZWIRE_USPRX____BW7434&feedID=600&press_symbol=28857404


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