Are You Utilizing Your Company’s Match?

In this video, you’ll get a clear, easy-to-follow breakdown of how your employer’s retirement-plan matching program works — what the “match” means, how contribution formulas are structured, and how you can make the most of this benefit to accelerate your long-term savings. It’s a practical primer to help you take full advantage of the free money your employer is offering.

Key Takeaways

• Employer matching is essentially free money — contributing enough to receive the full match is one of the most impactful steps you can take for retirement readiness.

• Different plans use different formulas, such as dollar-for-dollar matches up to a certain percentage or tiered structures; knowing your specific plan helps you optimize contributions.

• Your contributions + the employer match can compound significantly over time, making even small increases in your deferral rate meaningful.