The only thing that might matter more than the money you have deposited into your bank account is the contributions you make into your retirement plan. A 401(k) is money you save now so that you can enjoy financial security later on in life.
If your employer offers a match, this basically means free money from your company towards your retirement.
LoadUp is invested in employee success, which is one reason why they’re offering employees a 401(k) plan with a company match so employees can save money now to have money later on when they’re ready to retire.
LoadUp is currently offering a 100% match, on the first 4% deferred. Basically, for employees with an annual salary of $30,000 who set aside 4% of their paycheck into their 401(k), they would end up with a savings of $1,200 at the end of the year, plus another $1,200 company match, for a total of $2,400 toward your retirement (before taxes).
Currently, not enough American workers are saving for retirement. Less than half of the U.S. workforce feels good about their retirement savings, according to recent surveys. Saving for retirement early on is so important, so a company match makes it all a little easier to start saving now.