A version of this article appeared on July 9, 2013. Many companies match a portion of their employees' 401(k) contributions each pay period as an incentive for their workers to save for retirement.

Tanza Loudenback is a contributor to Buy Side and expert on retirement and taxes. Updated September 13, 2024, 4:41 PM EDT You may have heard that there’s no such thing as a free lunch, but to the ...

There's no such thing as free money. But an employer 401(k) matching program comes pretty close. If your employer offers one, taking advantage of it is a very good idea. But as with anything that ...

Despite recent increases to retirement savings contributions, most American households do not have sufficient retirement savings. According to the National Institute on Retirement Security, when ...

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 ...

When it comes to saving for retirement, a 401(k) plan is one of the smartest financial products you can utilize. Contributions to these employer-sponsored plans are tax-deferred, so they lower your ...

Employers are open now, more than ever before, to making the most of their 401(k) matching, according to two retirement advisers. Bloomberg News issued a report in mid-February that hundreds of ...

A 401(k) match is an employer-sponsored retirement plan in which your employer will match up to a certain amount of total contributions, increasing your retirement savings. Maximizing a 401(k) match ...