Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 39.38

+6.7%

Jan 2 9:30 AM EST

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To: robert b furman who wrote (178483)	7/1/2004 3:22:52 PM
From: brushwud	of 186894

Your example is not completely possible... My employees get 50 cents on the dollar that they defer into their retirement account up to a 4% cap of their payroll. Additionally our dealership makes annual contributions to all employees based on our profitability... U.S. tax law requires that the funding cannot be skewed to just a few high paid employees. Sorry, my wording was poor. What I was trying to say was that the rules exist in order that my sweatshop example would not be possible. And that matching employee contributions and/or unilateral employer contributions such as yours & Intel's tend to spread the benefits around enough so that those plans pass the test. When I worked for the guy who wanted all compensation to be based on merit (no employer match) about $2000 of my 401(k) contributions were kicked back in January, which screwed up my tax planning. But he was highly successful in growing the business.

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