Definition

An employer match is a contribution your company makes to your retirement plan, usually matching a percentage of your own contributions up to a cap. It is effectively an instant, guaranteed return on your savings — free money — so contributing at least enough to get the full match is almost always the highest-priority financial move.

1. How Much Should You Have Saved for Retirement by Age?

   Retirement savings benchmarks by age give you a reference point for whether you are on track — but the right number depends more on your specific income and expenses than on your age.
   retirement

1. 401(k)

   An employer-sponsored retirement account funded by payroll deductions, often with a company match.
2. Vesting

   The schedule by which employer contributions or equity become fully yours.
3. Roth 401(k)

   A 401(k) funded with after-tax money that grows and is withdrawn tax-free in retirement.