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Do you know what a 401k is? This question shows the financial illiteracy of most people.
A 401k match is always a good thing if you choose to participate in the 401k plan for your employer. A 401k plan is a defined contribution plan, this means you are contributing a defined amount/percentage of money from each of your paychecks to a retirement plan which typically invests in mutual funds. The 401k match, is how much an employer will contribute to your 401k based on your Salary. The match is free money, as long as you stick around long enough to have your match vested.
A 401k match is always a good thing if you choose to participate in the 401k plan for your employer. A 401k plan is a defined contribution plan, this means you are contributing a defined amount/percentage of money from each of your paychecks to a retirement plan which typically invests in mutual funds. The 401k match, is how much an employer will contribute to your 401k based on your Salary. The match is free money, as long as you stick around long enough to have your match vested.
Is a 401k matching at 18 bucks an hour good?
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