Financial
The free money at work
A short read
What the match is
Some jobs add money to your savings. They only add it when you add yours first. This extra money is called a match. Put in nothing, and they add nothing. It is really extra pay that you have to claim.
employer match
Money your job puts into your savings to match what you put in yourself.
Sources
- IRS
- U.S. Department of Labor
- Vanguard
- Investment Company Institute
- Fidelity
- NerdWallet Canada
- Canada Life