Don’t Miss Out on Free Money for Your 401(k) in 2020
If your 401(k) contribution percentage is so high that you meet the $19,500 limit in the first half of the year, you could lose out on thousands of dollars in match money from BMC. You could also lose out on the match if you change your contribution percentage up and down throughout the year or suspend contributions temporarily because of cash flow issues. Make 2020 the year where you don’t lose money.
To learn more, watch the “Don’t Miss Out on the Match” video and use the BMC Retirement Savings Calculator. The calculator can help you figure out how much to contribute each pay period to make sure you don’t exceed the limits and miss out on any of the BMC matching contributions. This tool can be used after you’ve already made contributions for the current year. You will need to know your year-to-date contributions. A current pay stub will provide this information. Review the Payroll Cutoff Schedule to determine when your contribution changes take effect.
Need more retirement help? Speak with a Fidelity expert at 866-546-4424.
Copyright © 2024 BMC Software. All Rights Reserved |
Disclaimer
Disclaimer:
The content on this site includes links to tools and information that are not the property of BMC Software, and BMC Software is not responsible for their accuracy, completeness or continued availability. Some of the material contained in this site is based on official plan documents. It is not, nor is it intended to be, the legal plan document or a contract between the company and any employee or contractor. Every effort has been made to ensure the accuracy of this material. In the unlikely event that there is a discrepancy between the site and the official plan documents, the official plan documents will control. BMC Software reserves the right to amend or terminate the plan(s) or program(s) at any time. If you believe the benefits do not describe those available to you, contact the Benefits Center at 877-BMC-4849.
Copyright © BMC Software. All Rights Reserved
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