GYL DictionaryGYL
Retirement

401(k) Match

In plain English

Free money your employer adds to your retirement account when you contribute. They match a percentage of what you put in, up to a limit.

The analogy

It's a buy-one-get-one on your future. Skip it and you're leaving guaranteed money sitting on the table at the register.

Why it matters to you

Not capturing the full match is the most common way young earners lose money without ever noticing. We call it the Phantom Raise. A raise you never had to negotiate.

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