So here's my situation I'm currently $35k in debt $17k student loans $12k car loan and $6k credit cards. I currently make $34,500/salary at my current employer and they require me to put 5% into my 401k (they contribute 9%). I just accepted a job offer at a new employer, sales rep for one of the major wireless companies, and they do not require me to contribute to my 401k.. I should make between $42k-$70k/year and was wondering if I should stop contributing to my 401k until I get my debt paid off or should I at least contribute enough for the employer match... They contribute 100% match up to 6% as well as they contribute 3% of my yearly income through "profit sharing"... My problem is they have a 3 year vesting time and I'm not sure if I will be working there for more than 3 years since I'm only doing this temporarily until I land a job in my career field. Also I just turned 22. Thanks for any advice!
Submitted August 07, 2017 at 08:22AM by Ljsnipe http://ift.tt/2hCvC0z
