One of the biggest perks of 401(k) retirement plans is the opportunity for employees to earn "free money" through employer matching contributions; however, recent research from Vanguard Group reveals ...
A 401(k) match allows an employee to receive “free” money from their employer for contributing to their retirement plan. The amount of the match can vary with the employer’s contribution being a full ...
A Reddit user discussed whether to contribute to a 401(k) or HSA. You should contribute enough to a 401(k) to earn your full employer match. After earning your matching contributions, maxing out an ...
Employer contributions exacerbate pay inequity, benefiting higher-income earners more Automatic enrollment and auto escalation improve participation and savings rates Expanding Social Security and ...
Section 110 of the SECURE 2.0 Act of 2022 (“SECURE 2.0”) permits employers maintaining a 401(k), 403(b), governmental 457(b), or SIMPLE IRA plan to make matching contributions based on qualified ...