Dave Benjamin
an over 40 victim of fate
- Joined
- Jun 12, 2003
- Posts
- 1,040
So I guess Horizon has the better plan if they start with 10% at day one and a 100K / year guy sees a max of 20K rather than 17K. Of course the Horizon guy gives up 10% compared to 6%. Since the Horiozn pay rate is so much higher it actually works out OK, especially considering the tax implications of writing off 10% rather than 6%.
Either plan is far better than where I work.
Either plan is far better than where I work.