Company screwed up on 403(b) match

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My company just notified me that they screwed up on the formula for the match on my 403(b) account, going back to 2014, to the tune of $4,529 and will be taking that back out of my account!  Any thought on this?  Do I just have to suck it up?  I understand it was money I really shouldn't have gotten, but also think it shouldn't have taken them 3 years to figure out they goofed!

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Three years of gains on that $4,529 is worth something at least.

You essentially had a "margin" 403B account. You made out in the end, assuming they also don't take the gains. Don't worry about it and move on. No different than a bank taking back an incorrect deposit years later. It isn't your money.

And what do they do with people's accounts that rolled them over?

DPG said:   Three years of gains on that $4,529 is worth something at least.
  Playing devil's advocate, but what if there were losses?

Double check their math.



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