Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

The no 401K is a fairly big deal.

Here in the UK, for high rate tax payers, a matching pension is worth a bit more than 140% of the stated value. So for an $80k job a 5% matching pension is worth nearly $6k a year.

That's equal to a 0.1% stake in a $60m company, with better certainty of growth. So over five years it might match half a percent stake depending on your appetite for risk.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: