All terms

Glossary

401(k) Match

When your employer contributes additional money to your retirement account based on what you put in. A 4% match on a $60,000 salary is up to $2,400 a year, paid only on money you put in yourself.

From: Career Finance

Related terms

Free Weekly Money Guide

One money concept at a time.

Base Camp is a free weekly email that explains money in plain English.

Subscribing creates a free GenHedge account so we can send you the letter. No password needed. By continuing you confirm you are 13 or older and agree to our Terms and Privacy Policy. Unsubscribe whenever you like.

Free forever. Unsubscribe anytime.

Educational definitions. Not financial advice.