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The benefits of a flexible 401(k) match. If the IRS expands its ruling to more (or all) companies, businesses could benefit in a big way.
A 401(k) match from your employer is a great way to boost your retirement savings and is a common feature of most plans. Make sure you understand exactly how the terms of your plan’s match work ...
The employer matching program is any potential additional payment to an employee's 401(k) plan. Since the start of the credit crisis and the 2008 recession , companies are either stopping matching programs or making the match available to employees based on whether or not the company makes money.
A unique feature of 401(k)s could let you boost your savings without paying more in. Find out how an employer 401(k) match can add free money to your account. 401(k) Matching: What It Is and How ...
In the United States, a 401(k) plan is an employer-sponsored, defined-contribution, personal pension (savings) account, as defined in subsection 401(k) of the U.S. Internal Revenue Code. [1] Periodic employee contributions come directly out of their paychecks, and may be matched by the employer. This pre-tax option is what makes 401(k) plans ...
Of course, such 401k matches aren't really "free" per se. It's more of a benefit for your hard work and loyalty at a company. Either way, it's in your best interest to get the most benefit while ...