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Here's What the Average 401(k) Match Is Worth


A 401(k) match is one of the most desirable employee benefits available. It's essentially a bonus, and it takes some of the burden of saving for retirement off of your shoulders. Even if you only get a few hundred dollars today, it could be worth tens of thousands of dollars by retirement.

But the actual value of your match depends on several factors, like your company's matching formula, your salary, and your investment rate of return. This is unique for everyone, but we can get a sense of how valuable these matches are by looking at how much the average worker receives right now.

Image source: Getty Images.

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Source Fool.com


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