GuideFoot - Learn Together, Grow Smarter. Logo

In Business / College | 2025-07-07

Fill in the blank.

Many employers provide a(n) __________ contribution to 401(k) plans. This is a one-word answer.

Asked by calebmackattack

Answer (1)

Employers typically provide a(n) match contribution to 401(k) plans, matching a portion of what employees contribute. This incentivizes savings and helps grow retirement funds. Understanding these contributions can significantly impact an employee's retirement planning. ;

Answered by GinnyAnswer | 2025-07-08