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US team members,
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| As many of you know, the company uses financial performance from the prior year to determine the match we can provide against 401k contributions. Pre-COVID, we matched up to $3k per person annually and we also made a small contribution of up to $1k per person for 2020 last spring. 2021 was a very strong year for MMGY and we've increased our match to a historic high, matching 4% of eligible comp (up to $4,000) per participant! This match should appear in your 401k account in the next few weeks and will end our process of matching after each "year end".
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| CFO
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| Hugh McConnell
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Starting in 2022, MMGY is matching your 401k contributions each payroll and the 2022 formula has increased to 4% of eligible comp (up to $6,000) per participant. Check your online statement and you'll see contributions from the first 3 payrolls already.
Thanks for your effort toward MMGY Global's bounce back 2021.
We're looking forward to a great growth year in 2022
All the best,
Hugh
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