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Joined 1 year ago
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Cake day: July 2nd, 2023

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  • Say I have a 50% contribution match from my employer. For every $2 I contribute into my 401k my employer will add their own $1.

    Some employers will force you to contribute a percentage of your paycheck towards your 401k, others will allow you to contribute up to a percentage of your paycheck, not all employers match though and not at the same rate. I believe my employer allows me to contribute up to 60% of my paycheck if I wanted (until the annual IRS limit is reached) but they will only match 50% of whatever dollar amount I send to the 401k account.

    IRS will only let a person add $22,500 in 2023, which means if I max out my contribution my employer will add $11,250 for a total annual contribution of $33,750.

    The IRS will only allow me and my employer combined to contribute $66,000 in 2023 to my 401k. I am unable to hit that $66,000 limit because my employer doesn’t match 293% of my contribution.




  • When you’re just shy of a three trillion dollar company big jumps are harder. Plus with the stock up 15% for the month and up 56% for the year people’s, once balanced, portfolios are likely already overly committed to Microsoft based on how it’s performed this year. It’s hard to ignore a stock when it’s performing this well, this consistently, but it puts an investor in a precarious position. If you haven’t already invested based on the AI boom this year has brought, this wouldn’t have been a tipping point. It was a plus, but only a small plus comparatively. The shake up of OpenAI has much more potential for a big sell off for Microsoft than a buying frenzy. This was more silver lining on instability of a big bet Microsoft made.









  • The way companies do it is a lot of napkin math. I worked next to a team that built a service to help other companies figure this out (I provided the sample code and docs they share with customers for onboarding). You plug in some basic info, as an example this building used X kilowatt hours of electricity that the power company says is 10% coal and 90% hydro, which, based on a lookup table that means Y tons of CO2 emissions per hour, add X*Y to your total and move onto the next building. It’s not an exact science measuring actual emissions, more looking for ballpark numbers trying to get rough estimates based on what sustainability consortiums agree is the emission rates for certain things/activities/events. It doesn’t matter if your X is slightly more efficient than your neighbors X, because your maintenance guy is better, both will get the “X” rate for emissions based on the agreed upon value for the thing being measured. The idea is to capture as many things/activities/events as possible to get an estimate of emissions, not a measurement.