ALCOTT SCHOOL 403(B) PLAN
Employer Match
An employer match is deemed as ‘free’ money wherein your employer contributes additional funds to your allocated retirement savings plan. The matching amount can frequently be several percentage points of your compensation. Don’t avoid this free salary ‘raise’.
In 2022, ALCOTT SCHOOL 403(B) PLAN allocates $57,683 to match its employees’ contributions, providing an employer match rate of 22.24% of their contributions
In 2022, the estimated average employer match for an employee in ALCOTT SCHOOL 403(B) PLAN is approximately $324