Google 🏅
Plan features 🧰
Roth: ✅
Megabackdoor Roth: ✅ (what's this?)
Self-directed Brokerage Link: ✅ (what's this?)
Custodian: Vanguard
Match: 50%
Vesting schedule: Immediate
Plan rating 🏆
When it comes to retirement savings, Google employees have access to the pinnacle of plans. The plan features an eye-popping 50% match with immediate vesting, representing $11,500 of free money, every year. Novice and advanced investors alike enjoy a broad lineup of popular, institutional class index funds. Employees also have the opportunity to invest in the self_directed brokerage, which opens up a vast universe of investment options. To top it off, ex-employees enjoy $0 administrative and record keeping services after leaving the company, making this plan a fantastic long-term investment vehicle. For all these reasons, Google's 401(k) plan earns the highest possible score of 5.0.
Company information 👷
Google, a subsidiary of Alphabet Inc., is a technology behemoth specializing in internet-related services and products. As the dominant force in web search and online advertising, Google leverages its vast data collection and advanced machine learning algorithms to deliver highly targeted ads and personalized user experiences. Google's technological leadership extends to areas such as mobile operating systems (Android), cloud computing (Google Cloud Platform), and AI research (DeepMind). The company's diverse portfolio includes productivity tools (Google Workspace), mapping services (Google Maps), and video sharing (YouTube), all of which contribute to its data-driven ecosystem and reinforce its position in the digital advertising market.