Matching Contribution

What Does Matching Contribution Mean?
A type of contribution an employer chooses to make to his or her employee's employer-sponsored retirement plan. The contribution is based on elective deferral contributions made by the employee.

Investopedia explains Matching Contribution
Generally, the employer's contribution may match the employee's elective deferral contribution up to a certain dollar amount or percentage of compensation.

Filed Under: Retirement

Related Terms

Defined Contribution Plan
Elective Deferral Contribution
Employee Contribution Plan
Employee Savings Plan
Non-Elective Contribution
Pension Plan
Retirement Contribution
Salary Reduction Contribution
Simplified Employee Pension
Single-Life Payout
More Related Terms

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