The 401(k) Match Trap: Why Skipping a 3% Match Costs the Average Worker $266,000 by Retirement
From the article
The High Cost of the “Quiet” Financial Decision The most popular employer 401(k) match on Fidelity’s platform is straightforward: contribute 5% of pay, and your employer puts in 4% on top, structured as a 100% match on the first 3% and 50% on the next 2%. Roughly half of the plans on the platform now ... The 401(k) Match Trap: Why Skipping a 3% Match Costs the Average Worker $266,000 by Retirement
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