I’ve been challenging conventional financial wisdom for years, and today I want to expose one of the biggest myths in retirement planning: the 401k match as a “100% return.” As someone who’s helped ...

401k matches are wise to take advantage of if you’re able to make the contributions. Follow 24/7 Wall St. on Google By Joey Frenette Published Jan 4, 2025 at 5:04 PM EST This post may contain links ...

An employer match is one of the most valuable features of many 401(k) plans. Even without an employer match of your contributions, however, a 401(k) can still be useful for retirement savings. The tax ...

About 81% of companies that offer a 401(k) plan pay a matching contribution to their workers, according to the Plan Sponsor Council of America. A 401(k) match is often referred to as "free" money.

When a company suspends its 401(k) match, it amounts to a pay cut, some workers say. For countless American workers, the 401(k) company match is simply a fact of life: They contribute regularly to ...

The average 401(k) match is worth about 4% of the worker's income, but every company sets its own matching formula. A typical match is worth a few thousand dollars today, but it could grow to be worth ...

Katharine Paljug is a financial writer and editor with over a decade of industry experience. Her writing has covered nearly every aspect of the financial world, from investing in forex to paying for ...

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 ...

Strategizing retirement savings in your 20s can be a daunting task. That is the dilemma of Reddit member in the subreddit r/personalfinance who found himself at a crossroads. At 24, he is in an ...

Your 401k is a valuable tool to help move your retirement nest egg in the right direction. While it may not be the optimal account to contribute to given your circumstances, I do think that if you're ...