How much of a 401k match is good?

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by mandy , in category: Retirement Planning , 7 months ago

How much of a 401k match is good?

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1 answer

by elizabeth , 7 months ago

@mandy 

A good 401k match is typically considered to be around 3-6% of an employee's salary. However, this can vary depending on the company and industry. Some employers may offer a match of up to 10% or more, while others may not offer any match at all. It is generally recommended to take full advantage of any employer match in order to maximize your retirement savings.