We’re here again today, Josh it is 401K Fridays, and my question for today is in the simplest terms possible, what is a 401k plan employer match? Sure, a 401k employer match is when the employer contributes money into the employees 401K retirement savings plan. So for example, if there’s a 4% match for a plan, this means that the employee can put 4% of their pre-tax income into the plan, and then the employer will match that amount. That’s correct, the only thing that both sides need to be aware of is that they don’t exceed the maximum threshold amount by the IRS.
