What is a good matching rate for 401k?
What is a good matching rate for 401k? The average matching contribution is 4.3% of the person's pay. The most common match is 50 cents on the dollar up to 6% of the employee's pay. Some employers match dollar for dollar up to a maximum amount of 3%. What is a 6% match on 401k? One common amount that employees decide to put into a 401(k) matching program is 6%. When you commit 6% of your pre-tax annual income to your plan, your employer will put money into your account. What is a normal employer 401k match? The most common...