Many of us understand that when our employers match our 401(k) amount, it's very beneficial for us. But how does it help the employer?
Employers match employees 401(k) contributions for many reasons, but below are three of the more common reasons.
1) Providing 401(k) matching will help retain and attract great employees
2) Matching 401(k) contributions is deductible on the employer's federal income tax return.
3) The competitions is also matching their employee's 401(k).
Visit the link "401(k) Matching" for more information.
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