Fake news. Still matching .75/1.00, up to 6%. Also, pension still exists in some fashion for all employees.Is it true that JNJ no longer will match an employee’s contribution in their 401K?
I heard this from my manager but have seen nothing official. So there is no pension…and no contributions?? Why?
Your manager must be a moronIs it true that JNJ no longer will match an employee’s contribution in their 401K?
I heard this from my manager but have seen nothing official. So there is no pension…and no contributions?? Why?
.75 cents, this has not changed in over 37 yearsFake news. Still matching .75/1.00, up to 6%. Also, pension still exists in some fashion for all employees.
It's a percentage. You must be a dei hire..75 cents, this has not changed in over 37 years
lets see,
.75 cents in 1989 dollars equals .11 cents in 2025 dollars
talk about a good deal……..
ROFLIt's a percentage. You must be a dei hire.
I was going to guess millennial , those, are like , you know, like , still struggling with math .. right?It's a percentage. You must be a dei hire.
To bad sports. That was my back door ROTH I exploited for decades at least $ 50,000 extra matched a year.I’ve heard that JNJ has recently stopped matching post-tax 401(k) contributions once the pre-tax limit is reached. Apparently, there was an internal communication about this change around April 2025? These contributions refer to amounts made after hitting the pre-tax contribution limit. Has anyone else come across this information or can confirm if this change has occurred?
The pre-tax 401(k) contribution is still matched.
Is J&J offering the Mega Backdoor Roth, after tax contributions? If so, what is the limit, 50% of compensation?, and do they have the option to move it over into your own IRA during the year? At my current employer I can move it 4 times a year. I don't want to be stuck with crappy investment options at J&J. At my current employer I can invest in individual stocks or move it to my IRA. I'm considering a position at J&J and the after tax component is very important to me. I've been doing the after tax thing maxing it out for seven years.To bad sports. That was my back door ROTH I exploited for decades at least $ 50,000 extra matched a year.
So sad for yous dimwits never did it per my advice back in the day.
To stupid of a question to warrant the pleasure of my response.Is J&J offering the Mega Backdoor Roth, after tax contributions? If so, what is the limit, 50% of compensation?, and do they have the option to move it over into your own IRA during the year? At my current employer I can move it 4 times a year. I don't want to be stuck with crappy investment options at J&J. At my current employer I can invest in individual stocks or move it to my IRA. I'm considering a position at J&J and the after tax component is very important to me. I've been doing the after tax thing maxing it out for seven years.
