SESKStuff Everyone Should Know
SESK: Stuff Everyone Should Know · sesk.info/teen-401k-match

If an employer matches 401(k) contributions, what does the CFPB say is smart?

Save at least enough to earn the full match.

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  1. Skip the match and save elsewhere
  2. Wait until age 50 to start
  3. Save at least enough to get the full match ✔

Why: A match is extra money from your employer when you contribute. A 401(k) is a retirement account offered at work.

Huh, didn't know that: Sometimes people must choose between adding to a 401(k) and building emergency savings.

The dad joke
A match is like free fries when you order a burger. Take the fries.
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References

Answer: Save at least enough to get the full match. A match is extra money from your employer when you contribute. A 401(k) is a retirement account offered at work.

  1. CFPB Money as You Grow: Teens and saving www.consumerfinance.gov/consumer-tools/money-as-you-grow/teen-young-adult/explore-saving
    it’s smart to save at least enough for the maximum matching contribution
    Checked 2026-10-10.

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