How much will I receive in my reimbursement?

Reimbursements are capped by the limits specified by your benefit. For 401(k) contributions, reimbursements will never exceed the amount that’s needed to maximize your 401(k) employer match. For example, if your employer matches up to 6% of your salary and you contribute 10%, you can only reimburse yourself up to that 6%.

For ESPP contributions, reimbursements will never exceed the maximum amount permitted by your employer or the IRS Limit. 

Reimbursements are always made on an after-tax basis. In other words, if you decide to make pre-tax contributions toward your 401(k), your reimbursement will equal your pre-tax contribution minus estimated taxes. The reimbursement would be the same amount added to your paycheck had you chosen not to contribute pre-tax dollars to your 401(k). Therefore, Lendtable keeps your paycheck full while you take advantage of your employer benefits.