AG Edwards Firm 401k Contribution

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Mar 15, 2008 7:00 pm

I was under the impression that the payout was supposed to be the same or close. I did about 10% higher production this year yet the firm contribution was less than last year. Anyone know why ????????????? Any comments?

Mar 16, 2008 9:37 am
cmein1999:

I was under the impression that the payout was supposed to be the same or close. I did about 10% higher production this year yet the firm contribution was less than last year. Anyone know why ????????????? Any comments?

Haven't looked yet but it was supposed to be 8% more than last year.
Mar 16, 2008 11:18 am

ummm
It was exactly the same as last year...5% Required 3% Discretionary and .5% in stock..exactly the same, 11% over the SS cap I beleive