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Why do some companies have a 50% match on contributions to 401k?
Why do some companies have a 50% match on contributions to 401k? A company matches 100% of your contributions up to 5% and then matches 50% of your contributions for the next 5%. If you take full advantage of the match and contribute 10% of your paycheck, the company matches will be 7.5%. Why doesn’t the company just match 100% of the contributions up to 7.5%? The match will effectively be the same but you as...
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