I have my first 401K plan, here at the job I'm working. It excites me. I put 6.-something % of my paycheck in it each month, and my employer matches 6%. (That's as high as the employer matching goes.) It's amazing, to me, to watch the amount in that 401 go up, from money I don't even acknowledge as having received, because it's *always* been taken out of my paycheck, from day one. (And working for the University of Texas, the Teacher's Retirement Fund of Texas is *mandatory*, so I couldn't opt out, anyway...so I just chose the amount that allowed the greatest employer matching. :)
I've been working there 3.5 years, and there's several thousand dollars in my 401K. It really freaks me out when I get the reports. ^_^ (Of course, my longest job ever before this one was only 1.5 years.)
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Date: 2005-07-03 02:56 pm (UTC)I've been working there 3.5 years, and there's several thousand dollars in my 401K. It really freaks me out when I get the reports. ^_^ (Of course, my longest job ever before this one was only 1.5 years.)