Investopedia
How 401(k) Matching Works
Employer matching of your 401(k) contributions means that your employer contributes a certain amount to your retirement savings plan based on the amount of your annual contribution. Depending on the terms of your employer’s 401(k) plan, your contributions to your retirement savings may be matched by employer contributions in several ways. Typically, employers match a percentage of employee contributions up to a specific portion of the total salary.
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