The company match is often overlooked, but it is very important for getting the most out of your retirement fund, and your paycheck. The company match is when your employer offers to meet your contribution to your retirement fund. Some companies will match your entire investment, although it’s also common to match up to a certain point, such as 3% of your total paycheck.
Although it can be tough to invest in your retirement fund, which seems so far away, it can’t be stressed enough how important this is. You should always be investing as much as you can, up to the company match level. This is basically like your company giving you the option of a raise. If your boss asked you tomorrow if you’d like a $100 bonus each month, you’d obviously says “Yes!” This is the same thing! Understandably, you may be skeptical because you can’t access the money until you retire, but you should never turn down free money.