A 401(k) is an employer-sponsored, tax-advantaged retirement plan. You fund this account by contributing a set percentage of your paycheck into the account. One of the biggest perks of a 401(k) plan ...

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 ...

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.

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 ...