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The Benefits of an Employer Match

Free Money: No Hitch. No Catch. No Brainer.

Simply by participating in your workplace retirement plan, you're eligible for the employer match. That means your employer will “match” a certain amount of every dollar you contribute up to a certain percentage of your pay—all at no additional cost to you.

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It Couldn't Be Easier.

Just like your personal payroll deduction, the company match is automatically deposited into your retirement plan account every pay period. Over time, the company match could have a significant impact on your account balance and the life you plan to make in retirement.


Take the Match to the Max.

Your employer sets a certain salary percentage limit for the contributions it matches. So if you can, it makes sense to contribute at least enough to give you the full match.

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So stop saying no to free money. Enroll in your plan—or increase your contribution—to take full advantage of the company match today. For more information, contact your benefits administrator or call your Hartford representative today.

 

 

* Employer matching contribution terms vary by plan. A vesting schedule may apply to employer contributions. Example is hypothetical and does not predict the performance of any investment option in your employer's retirement plan. Example assumes employee contributions of 6% of a $25,000 salary and a company match of 3% earning a hypothetical 6% annual rate of return over 30 years. Actual returns and principal values may fluctuate.

This information is written in connection with the promotion or marketing of the matter(s) addressed in this material. This information cannot be used or relied upon for the purpose of avoiding IRS penalties. These materials are not intended to provide tax, accounting or legal advice. As with all matters of a tax or legal nature, you should consult your own tax or legal counsel for advice.

NOT INSURED BY FDIC OR ANY FEDERAL GOVERNMENT AGENCY - MAY LOSE VALUE - NOT A DEPOSIT OF OR GUARANTEED BY ANY BANK OR ANY BANK AFFILIATE

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