Employer Matching Contribution

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Employer matching contribution

The amount, if any, a company contributes on an employee's behalf to the employee's retirement account, usually tied to the employee's own contribution.

Money an employer offers to an employee's IRA or other retirement fund. Normally employers will offer an equal amount that the employee contributes up to a certain dollar amount or percentage of income. This is considered an employee benefit and allows a worker to save more (and accrue applicable interest) without enduring financial hardship.

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Employee Stock Ownership Plan

ESOP

It also provides comprehensive benefits including an employee savings plan with an employer matching contribution and flexible work arrangements such as a 35-hour work week and telecommuting options.

City of Vancouver, B.C., a top 100 employer and leader in green ... by Government Finance Review

3) For a discussion of employer matching contributions in 401(k) plans, see Keenan Dworak-Fisher, "Employer

401 (k) plans move away from employer stock as investment vehicle: ... by Wiatrowski, William J. / Monthly Labor Review

You also may lose some retirement benefits in the event that your plan contributions and any employer matching contributions are not deposited before the company files for bankruptcy.

What happens if your employer goes bankrupt? (Retirement Plans) by USA Today (Magazine)

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